The New Normal
April 29, 2013
Since May of 2012
When the natural gas
Nymex (gas out of the ground)
Hit the floor at just under $2.04 a dth
We have seen the nymex
More than double!!!!!
Today the nymex is at $4.16 a dth
All this talk about……
Overflowing gas supplies
Storage levels being at a
5 year high
Has not dampened the market
I have had many conversations
With people in the energy industry
There is an….
Across the board agreement
That there is little substantiation
For this increase in pricing
Will prices go back down?
Hard to say…..
I do not see it dropping
To where prices were last May
Is having over a $4.00 nymex
The new normal
Stay tuned
For more insight contact george@hbsadvantage.com or call 856-857-1230
Visit us on the web http://www.hutchinsonbusinesssolutions.com