NYMEX Natural Gas Price is Likely to Gyrate Wildly This Year

Please sit down, buckle up, and keep your hands inside the ride at all times. No, these are not instructions before boarding a roller coaster at your favorite theme park. These are instructions for those who buy and sell natural gas in 2023. While the price of natgas has been bumping along at the mid-$2 range since late December, don't be lulled into the siren song of "lower for longer." According to the Wall Street Journal, the "buffers that keep America’s natural-gas price fluctuations at bay are eroding," and you can expect wild gyrations in price to happen in 2023.

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