Crude Collapse / Stock Washout / Deflation / Real Estate Fallout

[errolanderson]

A side-bar of markets . . . but natural gas prices are again in-collapse. Feb nat gas has plunged from a recent high of $4.80 per gigajoule to $2.90 per gig, a 40% collapse.

Suffield spot (AECO) in southern Alberta broke from a recent high near $2.80 per gig to below $1.50, a near 50% washout. Not good news for Medicine Hat housing market.

[sumdumguy]

A side-bar of markets . . . but natural gas prices are again in-collapse. Feb nat gas has plunged from a recent high of $4.80 per gigajoule to $2.90 per gig, a 40% collapse.

Suffield spot (AECO) in southern Alberta broke from a recent high near $2.80 per gig to below $1.50, a near 50% washout. Not good news for Medicine Hat housing market.

Sask Energy must be making a killing with natural gas in the shitter. Hope they are locking in for a decade or more.

[bucket]

A side-bar of markets . . . but natural gas prices are again in-collapse. Feb nat gas has plunged from a recent high of $4.80 per gigajoule to $2.90 per gig, a 40% collapse.

Suffield spot (AECO) in southern Alberta broke from a recent high near $2.80 per gig to below $1.50, a near 50% washout. Not good news for Medicine Hat housing market.

And yet fertilizer keeps moving up....go figure

[helmsdale]

A side-bar of markets . . . but natural gas prices are again in-collapse. Feb nat gas has plunged from a recent high of $4.80 per gigajoule to $2.90 per gig, a 40% collapse.

Suffield spot (AECO) in southern Alberta broke from a recent high near $2.80 per gig to below $1.50, a near 50% washout. Not good news for Medicine Hat housing market.

Entire fields are being shut in here. Compressor's, and everything are being chopped for salvage.

[brs]

Sumdumguy

I was ready a sask energy bill a couple months ago and it said gas prices being reduced to reflect prices. Then they raise the transportation costs to make the bill the same. They r just preparing for the future. Seems to me saskpower bill is getting more and more every couple months. Utilities alone take quite a chunk every month.