Natural Gas Looks Ridiculously Cheap Right Now

What energy crisis?  And why doesn’t our electricity bill come down with the price of natural gas?

The BTU equivalent price of a barrel of crude oil relative to natural gas is now around $16.60 versus the $100 where crude oil trades today.  That is what heck of an arb and will be the “Next Big Thing” if the discrepancy lasts.   Nattie has to be a buy in here.

(click here if chart is not observable)

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