Natural Gas (NG1) Down $0.02 Over Past 4 Hours, Started Today Down 0.99%; Price Base in Formation Over Past 14 Days

Natural Gas 4 Hour Price Update

Updated July 20, 2020 03:07 PM GMT (11:07 AM EST)

Natural Gas closed the previous 4 hours down 0.99% ($0.02); this denotes the 2nd candle in a row it has gone down. Relative to other instruments in the energy commodity asset class, Natural Gas ranked 4th since the previous 4 hours in terms of percentage price change.

Natural Gas Daily Price Recap

Natural Gas is down 0.99% ($0.02) since the previous day, marking the 2nd day in a row a decrease has occurred. Out of the 6 instruments in the energy commodity asset class, Natural Gas ended up ranking 4th for the day in terms of price change relative to the previous day. Here is a daily price chart of Natural Gas.

Natural Gas Technical Analysis

Notably, Natural Gas crossed below its 20 day moving average yesterday. Also of note is that on a 14 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. Or to view things another way, note that out of the past 14 days Natural Gas’s price has gone up 8 them.

Overheard on Twitter

Over on Twitter, here were the top tweets about Natural Gas:

  • From LochChesney:

    @Gladfly1 @swcrisis @ClimateScience2 @Tangomitteckel @NikolovScience @DisorderDipolar @SimonMaxfield8 @RuleByLogic @Kenneth72712993 @OscarsWild1 @JoeTheAtheist @EthonRaptor @ClimateSkeptic4 @SmithRobertson8 @DawnTJ90 @MATTP1949 @ClimatePoet @Vieux_Rhone @PolAnimalAus @DonWils13730132 @WadeKendall4 @IngersolRobert @ncdave4life @eloarefab @AtomsksSanakan @ianrowley677 @ancistroneura @JsharkJill @BadgersNo @Ceist8 @ZombiePiano @Jamz129 @CymaticWave @CrangusShish @insane_voice @TheDisproof @maya_phd @KCTaz @baletown_crawl @leonardjcohen @FrankWi74044551 @fknsavages27 @GillesnFio @HVACPerformance @heisenburgal2o3 @Achilles_1985 @Tokyo_Tom @stevethib @Schtickery @horrdorr Scary stuff!“the economists that have looked at this, understand there is a cost to reducing carbon emissions, because CO2 is a necessary byproduct of their most affordable and reliable energy sources, which are the natural resources of coal, natural gas, and petroleum.”

  • From Charion1234:

    @saucissonsec @Freeyourmindkid Nah he’d rationalize it in some way. “Now Joe Biden grew up in a working class town, Scranton I think it was. Trump is a New York City boy through and through. Scranton? They know what it means to work. And did you know there’s large amounts of natural gas under Pennsylvania?”

  • From BatesBE:

    @RantyAmyCurtis You have a natural gas or propane heater. If you’re not getting hot water:
    1) pilot light is out at the bottom of the tank behind the small access door
    2) there’s a thermo-couple behind the same door that has gone bad and needs replacing. Google/Youtube is your friend for info

For a longer news piece related to NG1 that’s been generating discussion, check out:

Babies born near natural gas flaring are 50 percent more likely to be premature – EHN

Researchers link air pollution from burning off excess natural gas to preterm births for babies, with the most pronounced impacts among Hispanic families….While many studies have established links between living near fracking wells and numerous health effects, including preterm births, this is the first study to specifically investigate the health impacts of flaring….While looking at the density of wells, the researchers found that expectant parents who lived within three miles of a high number of oil and gas wells also had higher odds of a preterm birth than parents who did not live near wells, regardless of flaring….Bell) Johnston and colleagues found that parents in the study who identified as Latina or Hispanic were exposed to more flaring, and were more likely than White parents to see an increased risk of preterm birth.