Gas price is forced to stay low as pumping increases

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/FP
North America's gas producers hurt the biggest gas price rally in last 10 months, as more wells will be opened. Increasing rate of pumping pushed the U.S. to record gas supply in 2012, but forced the price to go down by 9.2% from the peak since 30th of October. With such increasing gas output, the U.S. should surpass Russia by 2015 as the producer providing fuel for power generation, heating and chemicals.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.