(Bloomberg) Natural gas for physical delivery in the U.S. was trading for as much as $500 per million British thermal units on Monday as demand for the heating and power plant fuel soared amid a deep freeze.Gas at two hubs in the U.S. Midcontinent was trading at $500 per mmBtu and went for $240 at a third on Monday, according to traders. Spot gas has been trading for hundreds of dollars across the central U.S. since Thursday with a surge in heating demand triggering widespread blackouts and sending electricity prices soaring. The fuel normally trades in the region for less than $3 per mmBtu. “It’s a shocking situation,” said Cody Moore, head of gas and power trading at Mercuria Energy America LLC. “It’s chaos. It’s crazy with the prices.” Mercuria booked hotel rooms for some of its employees in the Houston area so they could walk to the office instead of driving on icy roads. “Our first priority was to do whatever we can to keep
Bonterra Energy Corp Provides Operations Update and Announces Fully Funded 2021 Budget and Guidance
newswire.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newswire.ca Daily Mail and Mail on Sunday newspapers.
How To Choose A Portable Air Conditioner
Share
Image: iStock/Kevin Brine
To sign up for our daily newsletter covering the latest news, hacks and reviews, head HERE. For a running feed of all our stories, follow us on Twitter HERE. Or you can bookmark the Lifehacker Australia homepage to visit whenever you need a fix.
During Australia’s particularly hotter months, those living without air conditioning can’t just rely on a cold change to sweep through before bedtime, making broken sleep in hot muggy bedrooms annoyingly regular.
A permanent air conditioning solution simply isn’t possible for many people – particularly those who are renting – and pedestal or ceiling fans can only do so much. This makes a portable air conditioner a decent option to consider.
Jump in energy cost curbs profit Q4 adjusted EBITDA -3% to $511 mln vs $484 mln consensus Uncertainty over supply bigger than usual -CEO Shares rise 1%, outperforms Oslo stock market (Adds CEO quotes, analyst, updates shares)
OSLO, Feb 9 (Reuters) - Norwegian fertiliser company Yara proposed raising its ordinary annual dividend by a third to 20 Norwegian crowns ($2.36) per share on Tuesday and reported fourth-quarter core profits above expectations.
The Oslo-listed firm, one of the world’s largest producers of nitrogen fertilisers, said increased deliveries and production had offset the impact of higher energy prices.
Nitrogen fertiliser prices have been rising ahead of the planting season in the northern hemisphere, and the momentum is positive for 2021, Chief Executive Svein Tore Holsether told Reuters.
vimarsana © 2020. All Rights Reserved.