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Wood Mackenzie says U.S. natural gas prices, long quiet, are now volatile after Henry Hub futures briefly topped $8 per MMBtu, the first time since 2008. Prices then fell back below $7.
Reduced coal-fired capacity leaves gas less flexible, so spikes can recur and keep fertilizer and energy input costs unstable for feed producers.
woodmac.comEd CrooksApr 22, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
