Sevens Report Co-Editor, Tyler Richey, Quoted in Morningstar on May 23rd, 2023
Natural-gas prices have dropped by nearly half this year, despite output risks and higher demand prospects
The natural-gas market is reaching a historically pivotal phase of the year, with the price swings typically occurring in the summer and winter months, said Tyler Richey, co-editor at Sevens Report Research. Natural gas is the largest source of electricity in the U.S., at roughly 40%, so when temperatures heat up in the summertime, demand for power to run air conditioning units rises in lockstep. Click here to read the full article.