Syrian Raids having little impact on energy prices

Twelve hours after the bombing of ISIS in Syria, there appears to be little impact on the energy prices in the U.S. and globally. Energy prices are at somewhat depressed levels and they are not impacted by world events. The Ukrainian crisis, ISIS and other world events are not impacting prices. One has to wonder what will. The only hope for natural gas prices in the U.S. is a cold winter. While no one seems to have a fix on the outlook for the winter weather, the Old Farmer’s Almanac is predicting lower than normal temperatures throughout the Midwest, Northeast and Atlantic states. Since this section of country are heavy users of natural gas, a colder than normal winter could drive up natural gas prices. Will prices get above $6 like it did last year? We’ll have to wait and see. We’ll track this and report on it. Joseph BaronePresidentShaleDirectories.com 610.764.1232 jbarone@shaledirectories.com http://www.shaledirectories.com The post Syrian Raids having little impact on energy price
http://www.shaledirectories.com/blog/syrian-raids-little-impact-energy-prices/

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: