Natural Gas Market Update – January 20th, 2021

The February prompt month contract continued to fall today, hitting a low of US$2.454/MMBtu before ultimately bouncing back to settle at US$2.539/MMBtu. Weather continues to lean towards warmth, especially out into the longer term, although the possibility of cold isn’t completely impossible. The afternoon ECMWF (European Centre for Medium-Range Weather Forecasts) turned out to show …

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Natural Gas 101 with RiteRate!

Welcome to our new educational series: Natural Gas 101 with RiteRate! Posts released are meant to be used as a reference point and accompaniment guide to our daily Natural Gas Market Updates. We’ll be covering a wide array of topics that delve deeper into the roots of natural gas. This post here will act as …

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What is Natural Gas?

Natural gas, often coined as one of the cleanest, safest, and most useful of all energy sources, is a colourless, shapeless, and odourless gas in its pure form. Natural gas utilized in homes for heating (among other purposes), is almost purely methane (one carbon and four hydrogen atoms, CH4), referred to as “dry” natural gas. …

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