Natural gas prices spike
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By Georgina McCartney and Tim McLaughlin HOUSTON/BOSTON, Jan 23 (Reuters) - U.S. crude and natural gas production fell and spot power prices spiked as a winter storm with frigid temperatures started to sweep across the country on Friday.
This deep freeze is hurting production, especially for natural gas,” Price Futures Group analyst Phil Flynn wrote in his daily market commentary.
What if there was a way to deliver natural gas from the Bakken oilfield to the developments rising in eastern North Dakota? That’s been a question on the minds of many for years now.