Natural Gas 4 Hour Price Update
Updated July 24, 2020 11:07 PM GMT (07:07 PM EST)
Natural Gas closed the last 4 hour candle up 5.45% ($0.09); this denotes the 3rd candle in a row an upward move has occurred. On a relative basis, the current 4 hour candle were pretty good: Natural Gas bested all 6 of the assets in the energy commodity class 🙂
Natural Gas Daily Price Recap
Natural Gas closed the previous day up 5.45% ($0.09); this denotes the 3rd day in a row an increase has occurred. Natural Gas outperformed all 6 assets in the energy commodity asset class since the previous day. Congrats to its holders! The daily price chart of Natural Gas below illustrates.
Natural Gas Technical Analysis
Notably, Natural Gas crossed above its 20, 50 and 100 day moving averages yesterday. Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down. Or to view things another way, note that out of the past 10 days Natural Gas’s price has gone up 6 them.
Overheard on Twitter
For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Natural Gas for the past day were:
- From KCTaz:
@PaprikaLady @DawnTJ90 @Navarraise @novakglobal @Narvuntien @ClimatePoet @Bananenrijperij @HuntsonMark @no2wind @RoyPentland @FeynmanFreaky @AlbertStienstra @IBergwiesel @RushhourP @Dardedar @NickAPalmer @HtServadac @MikeDel21893959 @1000Frolly @Over400ppm @Fauntleroy1934 @TQMKA @DigDougFTW @rmack2x @DunsanyJack @RustyAway @AlaMerQld @cjtjgeol @garner_forest @riktheozfrog @ElectricElecti1 @StormSignalSA @Niggledom @Osprey0 @BrianTu85458331 @Homer4K @Barbarajdurkin @Jamz129 @BubbasRanch @jimdtweet @MedBennett @ReckedRik @TheDisproof @d_e_mol @bobzed57 @Climatehope2 @portun81 @thinks_about_it @RijpeW Esp. when there’s tons of $$$ to be made by politicians and the connected in selling windmills and solar and by partnering with the Russians for that “evil” natural gas. I swear, Germany would sell its own mother if the pol’s could make a dime. Why does NATO even exist anymore?
- From Boi_dBoi_d:
@markp1950 @LawsonUBS @MartinBrampton @manifesto2000 @tsjets1 @OnlyTalkBall @Farm_Machinery_ @bazakel @DuncanRice1 @Barbarajdurkin @TangRoy17 @doctorbarnes1 @noturbine @FriendsOScience @TeaJunkie1 @no2wind @RoyPentland @GillesnFio @GreyTonka @LesleyJ62456075 @MarkELacey @JaggerMickOZ @HVACPerformance @MedBennett @RedDragonFly19 @ozhomeschool @ianbrow97534170 @GlenneDrover @PhilMarsom @TexCIS @DougieG @0Sundance @LynnRahn1 @EuphoricEuler @SchemppShawn @UkraineTrollbot @novakglobal @downtownrob88 @am_garland @GrahamHill1234 @ScottRowein @AreWeThatStupi1 @markcojuangco @Michael_D_Crow @Pembina @RockyMtnInst @Solara_io @solazyme @Sunshine_Val1 @solaralberta This discussion is so ridiculous! Why do we even talk about this? It’s a political discussion. Has no scientific base whatsoever. Financially it’s a pack of worms, infrastructure that already is in place needs redoing. And why?! Stick to good old coal and natural gas!
- From ncdave4life:
@IngersolRobert @JoeTheAtheist @EthonRaptor @ianrowley677 @OscarsWild1 @LochChesney @PolAnimalAus @swcrisis @KCTaz @ClimateScience2 @Schtickery @RuleByLogic @MATTP1949 @daveguitarclark @eloarefab @ClimatePoet @WadeKendall4 @Tangomitteckel @NikolovScience @DisorderDipolar @SimonMaxfield8 @Kenneth72712993 @ClimateSkeptic4 @SmithRobertson8 @DawnTJ90 @Vieux_Rhone @DonWils13730132 @AtomsksSanakan @ancistroneura @JsharkJill @BadgersNo @Ceist8 @ZombiePiano @Jamz129 @CymaticWave @CrangusShish @insane_voice @TheDisproof @maya_phd @Gladfly1 @baletown_crawl @leonardjcohen @FrankWi74044551 @fknsavages27 @GillesnFio @HVACPerformance @EcoSenseNow @PullNews @caleb_rossiter @ShellenbergerMD Natural gas is replacing coal & nuclear. So-called “renewables,” because they’re intermittent, and produce no power for long periods of time, can’t replace reliable baseload power generation.Solar can work for peak load shaving, where peak load is AC on sunny summer afternoons.
For a longer news piece related to NG1 that’s been generating discussion, check out:
Homes in Fort Saskatchewan, Alta., are to be warmed with natural gas blended with hydrogen beginning next year, a “first step” amid efforts to diversify the province’s energy sector and potentially reduce carbon emissions….It is also providing funds to two other hydrogen projects, including one aimed at producing zero-emissions hydrogen….The new pilot project is set to use “grey” hydrogen purchased from a producer, but with the carbon capture technology in the province, ATCO’s Feltham said he has “no doubt” about the future potential.