Equities and Alchemy

Equities and Alchemy


Jobs, financial markets, marketing, macroeconomics, individual investors, corporate criminals,
predatory financiers, market manipulation,
equities and alchemy

Buyer Beware

October. This is one of the peculiarly dangerous months to speculate in stocks. Other dangerous months are July, January, September, April, November, May, March, June, December, August and February.
- Mark Twain

10/8/12

Natural Gas Spot Prices Now Below $2: Adjusted for Inflation, That Might Be the Lowest Price Ever



Thursday, April 19, 2012


Natural Gas Spot Prices Now Below $2: Adjusted for Inflation, That Might Be the Lowest Price Ever


Natural gas prices continue to fall, and spot prices have been below $2 per million BTUs for the last week, trading as low as $1.87 last Friday (see chart above, EIA data here).  The last time natural gas prices were consistently below $2 was in the spring of 1999, thirteen years ago.  Adjusted for inflation, those 1999 prices would be about $2.75 in today's dollars, so the current string of prices below $2 might be the lowest inflation-adjusted natural gas prices in U.S. history






CARPE DIEM: Natural Gas Spot Prices Now Below $2: Adjusted for Inflation, That Might Be the Lowest Price Ever




Mission:


Poverty, Human Rights, protecting the Environment and working toward Sustainability are Mankind's greatest challenges in the 21st Century.

About Me

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Vancouver Island, British Columbia, Canada
Jennifer believes we live in the garden of Eden and I believe that we are destroying it. Our saving grace is within ourselves, our faith, and our mindfulness. We need to make a conscious effort to respect and preserve all life.