Higher NatGas Prices on the Way – Rystad Predicts $2.91 Avg 2H23

|
click for larger version
A Rystad Energy analyst says strong supplies and cool temps kept the price of natural gas low over the past few months--but that's about to change. Rystad says new modeling shows a bump up in temps coming, and with it, a bump in the price of domestic natural gas. How much? Rystad believes the Henry Hub price will average $2.91/MMBtu for the remainder of 2023 (the latter half of the year). Which ain't all that much if you ask us...but better than prices bumping around in the low $2 range as it has been since January.

To view this content, log into your member account. (Not a member? Join Today!)