NYMEX Henry Hub NatGas Price Shoots Up to $3.30 for December

October 30, 2020October 30, 2020

When checking the NYMEX futures price for natural gas, which is based on the spot price at the Henry Hub in southern Louisiana, we had a surprise. Just a few days ago the NYMEX was showing right around $3 per million BTUs (or per Mcf, thousand cubic feet). Yesterday the price closed at $3.30/Mcf. Why the huge jump?

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