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Low gas prices promise
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swtcorn wi
Posted 5/21/2025 01:24 (#11232892 - in reply to #11232658)
Subject: RE: Low gas prices promise


SW WI
Natural gas prices could go up and have gone up due to export. Ship load LNG is a good some money. Europe needs the LNG. 1975 congress put a ban on oil exports. 2015 Obama made deal with GOP and congress repealed the oil export ban. SO can 47 with stroke of pen stop exports? legally? I dont know.
Also many new power plants in works which will run from natural gas.
There is couple good articles I read in gas and oil news, the future holds higher prices. Then things can change. Maybe Ukraine and Russia will straighten out. Russia ship more natrual gas? WHo knows.
From what I read 35 to 50 to frack barrel oil. This is from 2 years ago or more. I do not think we will see 2 dollar gas. 2020 oil crash over 100 companies went bankrupt related to oil. fracking, exploration etc.
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