Making Money Minute with Ron Hiebert - Natural Gas Prices
For the first time in decades, North American natural gas is moving from surplus to shortage. Demand has grown partly because of the increased number of Liquifidied Natural Gas Plants that export this super cooled fuel overseas. Our increasingly electrified world, with its EV’s and data centres, is using ever greater amounts of gas to create the power needed to run them. As excess supply gets eaten up, expect prices to both rise and get more volatile - especially if we have a cold winter. For more information, listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.
