Shale Producers Eyeing Natural Gas

Based on the chart linked below, Natural Gas prices have not consistently stayed above $4 an MCF since 2008.
https://bit.ly/3yul2Oa

Bloomberg reported that gas in Europe is about $90 per million British thermal units which would be equal to a price of $550 per barrel of oil.
https://bit.ly/3CkpwIx

To take advantage of these rising prices overseas, US gas drilling has soared more than 50% this year. Which also explains why Natural Gas production has set new records.
https://bit.ly/3EEkNE6

Now that the Nord Stream pipelines have been disabled, we could see the price of Natural Gas move even higher.
https://bit.ly/3rHC73J

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#recession #inflation #stagflation #hyperinflation #energy

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This video is meant for educational or entertainment purposes only. This video is not a solicitation. I am not a lawyer, CPA or financial advisor and I am not giving legal, financial or tax advice.