Natural Gas Installation Amid all the headlines about Donald Trump and OPEC, very few news outlets noticed the remarkable increase in natural gas prices in November. Gas futures for front month delivery gained more than 34 percent over the past month, rising to their highest level in two years. Bouncing around at roughly $3.50 per MMBtu, natural gas prices are also up more than 100 percent since hitting a low point earlier this year. There are several reasons and trends underlying the price gains, so let’s go through a few of them. (Click to enlarge) First, natural gas production hit a peak earlier this year and fell back roughly 5 percent. Gas producers posted impressive gains without much of an interruption for the better part of the past decade, even as spot prices dropped below $3/MMBtu and at times below $2/MMBtu. But the gains in output really came to […]