Natural gas prices rise to 3-year high
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EU bans Russian gas imports
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Benchmark U.S. natural gas prices are ending 2025 in the manner that they began - with a strong rally. And that's bad news for people hoping for further cuts to U.S. coal use.
Natural gas futures rose to close above $5 for the first time since 2022, as cold temperatures boosted demand for heating.
Natural gas rallied Wednesday, with a more than 3% climb putting prices on track for their highest settlement since December 2022, as U.S. winter weather is expected to lead to a shortage in supplies of the fuel.
The USGS estimates 4.7 trillion cubic feet of undiscovered natural gas remains under southwest Wyoming. Combined with other recent assessments,
Tourmaline Oil delivered solid Q3 results and maintains the flexibility to cut CAD 200–250 million in CapEx. See why TRMLF stock is a Buy.