Gas is back above $3. Let’s hope it stays there. The tensions in the Middle East are certainly influencing pricing, but the best thing for the industry is a cold, cold winter.
I’ve read recently in WSJ that the Artic is thawing faster as the result of the last year’s warm winter and hot summer, but the thawing will lead to a very cold winter in North America and Europe. Let’s hope so. I never thought I would be so happy to see a brutally cold winter.
All in favor of a cold winter raise your hands.