Energy Prices (Daily Change)
All prices updated at end of day using CME settlements.
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Natural gas prices in both the US and Europe bounced significantly today. The potential railway strike in the US would affect coal movements, and despite what Europe is hoping for, there is not much ability to increase production here in the states.
“It’s not like the US can pump a bunch more. Our production is what it is,” said Wil VanLoh, head of private equity group Quantum Energy Partners, one of the shale patch’s biggest investors.
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