Natural-gas prices are down more than 65% since mid-December, leading producers to throttle back drilling
Natural-gas prices have dropped more than 65% since mid-December and this week hit their lowest level since 2020’s pandemic lockdown, leading producers to throttle back drilling in a dramatic turn in the market for the heating and power-generation fuel.
Expensive natural gas was a major contributor to inflation over the past two years, pushing up the price of electricity and staying warm as well as manufacturing costs for fertilizer, steel, glass, aluminum, plastic and cardboard.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Natural gas prices drop 10% to lowest level since 2020 as winter fadesNatural gas plunges 10% to its lowest level since 2020 as winter demand concerns fade
Lire la suite »
Chesapeake Energy to reduce drilling on lower natural gas pricesU.S. natural gas producer Chesapeake Energy on Wednesday said it would pull back on drilling and completing wells this year as natural gas prices fell to a quarter of what they were last summer.
Lire la suite »
Rivals.com - Teams already pushing for 65-offer 2025 Alabama RB Alvin Henderson
Lire la suite »
Intel slashes dividend by over 65%, to 12.5 centsIntel slashed its dividend from 36.5 cents to 12.5 cents, a 65% reduction that comes just weeks after the chipmaker announced wide-ranging compensation cuts.
Lire la suite »
More than 65 million people under winter weather alerts from California to New York | CNNA powerful, coast-to-coast storm continues to bring dangerous threats of heavy snow and high winds Wednesday, putting parts of more than two dozen states under winter weather alerts as travel conditions began to deteriorate in some areas.
Lire la suite »
Grocery prices remain stubbornly highGrocery prices were back up in January after a December respite.
Lire la suite »