Analyst Predicts NatGas Prices “Going a Lot Higher” from Here

The price of natural gas, both NYMEX futures prices and physical spot prices are getting so high, that we're beginning to get dizzy. We recently told you the U.S. Energy Information Administration (EIA) in issuing its monthly Short-Term Energy Outlook (STEO) predicts the Henry Hub (HH) spot price will average $7.83/MMBtu in 2Q22 and average $8.59/MMBtu for the second half of 2022 (see Latest Monthly STEO Predicts HH Spot Price to Avg $8.59 in 2H22). A stock trader and analyst writing on the Seeking Alpha investor website says the price of natgas is "probably going a lot higher than today."

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