Ratings Giant Fitch Predicts Henry Hub Avg in 2023 Will Hit $3.60

We're always a sucker for a good price prediction. Everybody and his brother (and sister) loves to predict where the price of the NYMEX Henry Hub will go in the next few months, or even for the next few years. Ratings agency giant Fitch, which owns the Fitch Solutions subsidiary, is the latest organization out with a prediction of where natgas prices will end up in 2023. Fitch says the NYMEX average for this year will be $3.60/MMBtu. Which is interesting, given for the past couple of months the price can't get much above $2.50. Fitch must think the price will go quite a bit higher at some point this year in order to average out at $3.60 by year's end.

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