Reasons Why Natural Gas Prices Quadrupled in Just Two Years

The price of natural gas here in the U.S. has roughly quadrupled in price over the past two years. If you are a landowner or rights owner, you've certainly noticed a nice increase in royalty revenue. As we have reported about publicly traded drillers in the Marcellus/Utica, profits and free cash flow over the past couple of quarters have gone through the roof--because of the high price of natgas. The question is, why have prices for natural gas gone so high? And relatedly, will they stay high?

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