Gas Trader Predicts NatGas $2.50 in 2024, $3.00+ in 2025 & Beyond

Yes, we've been keeping an eye on the (pathetic) price of natural gas as it flounders and flops. The NYMEX Henry Hub front-month contract briefly went above $3/MMBtu earlier this year, but since that time, it's had a hard time staying above $2. It's depressing. From time to time, we bring you predictions from various studies and government agencies. Just yesterday, we told you that EIA's monthly Short-Term Energy Outlook predicts an average HH price of $2.50 in 2024, and $3.30 in 2025 (see July STEO Predicts U.S. Natgas Output Declines, Demand Rises 2024). The people who create the price --- natural gas traders --- often provide unique insights. We have one such trader's insights into what he believes will happen for the balance of 2024 and into 2025.

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