Natural gas is a naturally occurring hydrocarbon gas mixture that consists of methane and various amounts of other higher alkanes. It is found either by itself or with oil, and is considered to be an important element in the clean energy movement due to its safety and important applications.
The price of natural gas has risen significantly over the past 12 months, reaching over US$5 per MCF in early September. This price jump comes after a low of US$1.60 MCF during the initial shock of the COVID-19 pandemic.
In this article, we’ll discuss why an investment in natural gas should be on your radar, what’s driving recent price increases, overall demand, and a few key players.
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Southern Energy (TSXV:SOU) is Canadian listed, primarily natural gas company focused on acquiring and developing conventional natural gas and light oil resources in the southeast U.S. Gulf States of Mississippi, Louisiana, and East Texas.Send me an Investor Kit
International natural gas exports influencing US prices
Historically, the price of natural gas in North America has been largely driven by domestic demand factors prior to having any method to export from the continent. In the US specifically, natural gas is primarily used to generate electricity, residential and commercial heating as well as some industrial use.
Today, the price of natural gas is impacted by global exports to supply international markets. The US has built significant liquefied...
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