Some Experts Say Gas Price Stays Low This Summer, Some Say Higher

We keep a close eye out for any credible news predicting which way the price of natural gas will head in the near and longer term. Everyone has an opinion about whether natgas will go higher, go lower, or stay the same--and why. Nobody could predict what would happen last year after Vladimir Putin declared war and invaded Ukraine. Gas prices when through the roof (along with oil prices) on the theory that Europe would run out of gas and the rest of the world, including the U.S., couldn't meet the shortfall. But then we had a mild winter--in Europe and here at home. The world exited winter with extra gas sitting in storage. More supply with the same (or less) demand equals lower prices. And that's exactly where we have been for months--lower prices. What about this summer? Will the price increase? Decrease? Stay the same?

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