iPoint (iPoint.cz)
Commodities  |  December 28, 2012 15:17:02

Natural gas will never be as cheap as he used to?


When we look at the evolution of natural gas prices in recent years, we see a clear downward trend. This was due to the technological revolution and the explosion of its mining across North America.

Natural gas price did not fall only absolutely but also relatively. In comparison with the price of oil permanently cheaper natural gas since 2005. Then the ratio of Oil / Gas values ??averaging around 10 In 2009, this ratio has tripled, and two years later he attacked even 50th level The graph below shows the evolution of Oil / Gas ratio for the last 22 years ...

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