Another Big Dip in NYMEX Gas Price – Biggest Mo. Drop in 22 Yrs

We keep commenting on the futures price of natural gas, the NYMEX Henry Hub price, because it keeps heading lower. Yesterday the NYMEX price closed down another 22 cents to $2.47/MMBtu, the lowest settlement price since April 6, 2021 (22 months). Here's another somber statistic: The NYMEX price fell the most during a single month (in January), then it has fallen in 22 YEARS. The NYMEX price fell a whopping 40% in January.

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