Alan Armstrong, CEO of pipeline giant Williams, appeared on CNBC’s “Money Movers” TV show yesterday morning. During the interview, Armstrong said there is more demand for U.S. natural gas now, and it is expected to grow more by 2025. “You can see quite a bit of contango in the market with prices picking up by about 25% from 2024 to 2025,” said Armstrong. “So, producers are holding their breath right now through those periods of low prices.” If anyone knows what’s going on in the natural gas market and where things will likely go, it’s Alan Armstrong. The future of his business depends on knowing.
