Are NatGas Prices About To Explode?

As I write this, Henry Hub (the primary confluence of pipelines in northern Louisiana at which the NYSE daily futures contract price is pegged) is off 11 cents to $2.79 per thousand cubic feet (or million BTUs), having lost 8.8 percent in value for the week and 12 percent for the month. The reason is simple: overall demand is coming in lower than this time last year. But that’s not going to last for much longer. You see, there is a major catalyst in the natural gas market that could soon send prices through the roof in 2018. Here’s how… Natural Gas Price Squeeze The reason why American natural gas prices have plummeted boils down to two things: • An excess of supply; • And unusually warm weather. Most of the retreat is tied to the supply side. Expectations by year-end indicate that natural gas demand will be down […]

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