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The Economy/Market Look "Healthy" Until They Have A Seizure & Collapse Authored by Charles Hugh Smith via OfTwoMinds blog, So one index or asset or another hits a new high, wow, more proof everything is so robust and healthy, we never had it so good--right up to the seizure and collapse. Some readers occasionally make the point that I''ve been predicting a market crash for ten years and been dead-wrong for ten years. I''m all for mocking presumptuous pundits of either the tin-foil hat or mainstream variety, but that''s not quite what I''ve been saying for 13 long, tedious years. What I''ve been saying is that living on junk food and sugar-cocaine speedballs isn''t "health" just because a handful of pills has dropped cholesterol readings to "healthy" levels. If we define "health" by a metric that is easily manipulated, then the illusion of "health" can be maintained right up until the supposedly "healthy" individual has a seizure and drops dead. Since the 2008-2009 financial-coronary and emergency-intervention that revealed the abjectly poor health of the global financial system, central banks and states have jacked up stocks and other assets as the metric of a "healthy" economy.

Uzbekistan has halted exports of natural gas in order to meet domestic energy needs.

Read more about Global natural gas shortage worsens as India, Indonesia join the hunt on Business Standard. Indian Oil Corp. and Gujarat State Petroleum Corp. have recently bought spot cargoes of liquefied natural gas after being absent from the market for months, according to traders

The UK government believes it has until April to find a solution to ease the burden of surging natural gas and energy prices on utilities and households, although no immediate fixes have been adopted. As a result of the energy crunch, households in the UK will face much higher electricity prices beginning in April, as the government prepares to raise the so-called cap on utility bills. The UKs energy regulator Ofgem is expected to announce the new price cap on energy prices in early February, but the effect on household bills will be felt

The post Despite December Warmth, January Chills Send Shiver Through Natural Gas Forwards Market appeared first on Natural Gas Intelligence

Households will see a 40% reduction in their natural gas bills for December, between the measures announced by the prime minister and the reduction agreed by the Public Gas Corporation (DEPA), Environment & Energy Minister Kostas Skrekas said on Wednesday.

Fortis Inc. found using ticker (FTS) now have 3 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 44.83 and 41.12 and has a mean target at 42.87. Given that the stocks previous close was at 46.92 this would imply there is a potential downside of -8.6%. The 50 day MA is 45.02 and the 200 day MA is 44.91. The company has a market cap of $22,321m. Company Website: https://www.fortisinc.com [stock_market_widget type="chart" symbol="FTS" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 433,000 retail customers in southeastern Arizona; and 98,000 retail customers in Arizona''s Mohave and Santa Cruz counties with an aggregate capacity of 3,233 megawatts (MW), including 59 MW of solar capacity.

A parabolic rally in European natural gas prices continued Tuesday morning, with the Dutch TTF hub front-month futures price rallying by more than 20% to 182/MMBtu, posting a fresh record high, at a time winter heating season has just kicked-off in the Northern Hemisphere. The post LNG arbitrage as European gas prices hit fresh records appeared first on Exclusive Capital Prime .

Natural gas was previously consolidating inside a descending triangle on its hourly chart, and price already broke above the resistance. This suggests that price could The post Natural Gas (NATGAS/USD) Price Technical Analysis for Dec. 22, 2021 appeared first on FXDailyReport.Com .

For another day, a record rise in the price of electricity on the stock exchange. In Bulgaria, the price rose by as much as 23.1% - to BGN 824 per MWh, according to the Independent Energy Exchange. This means that the price increase per day is nearly 155 leva. The price of natural gas in Europe for the first time in history exceeded $ 2,000 per 1,000 cubic meters. Data for the new jump are on the London Stock Exchange. Compensation for the business due to the high price of electricity will continue until the end of March. This was announced by the Minister of Energy Alexander Nikolov. BGN 940 million have been set aside for companies, and there will be aid for electricity and gas suppliers. The proposal is to be agreed with Brussels and the Council of Ministers. However, according to business representatives, this is extremely insufficient. /BNT

On November 15, 2021, the Environmental Protection Agency (EPA) published a proposed rule that included three separate actions under the Clean Air Act that target new and existing air emission sources at oil and natural gas well sites, natural gas gathering and boosting compressor stations, natural gas processing plants, and transmission and storage facilities... By: Vinson & Elkins LLP

In the first 11 months of this year, Georgia imported 1,311 million cubic meters of natural gas from Azerbaijan worth $201.1 million, the country''s National Statistics Office said.

URUMQI, Dec. 19 (Xinhua) -- Over 5 billion cubic meters of natural gas has been delivered to southern Xinjiang to support their gas consumption this year, according to the Tarim Oilfield of China National Petroleum Corporation (CNPC), China''s leading oil and gas producer, on Sunday. Up to now, the total gas supply from the Tarim Oilfield to southern Xinjiang has reached 43 billion cubic meters, benefiting reside

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