In this week’s episode of the Periodical Podcast, your hosts Kevin and Tavis revisit our predictions made in early November after natural gas prices soared to a 19-month high. After such impressive upward price movements, the RARE PETRO team predicted prices would sustain near the $3 per MMBtu range for the final months of 2020 and into 2021. With a cold winter ahead, a historic Hurricane season in full swing, depressed oil production, and soaring LNG exports; the gas futures market appeared to have plenty of price support to maintain its upward momentum into the foreseeable future. Unfortunately, the final months of 2020 were fairly lackluster for the surging gas market but luckily, the new year brings new hope for the struggling sector.
