NYMEX HH Forward Market Signals 44% Gas Price Rise in 2025

The price of natural gas is the foundation for our entire industry. If the price is too low, as it is right now, drilling falls off (see today's lead story about Coterra doing NO new drilling in the Marcellus). If there's no (or little) new drilling, everything else suffers. Landowners' royalty checks shrivel, oilfield services companies don't have work and lay personnel, pipelines are used less, and new pipelines don't get built. It all comes down to price. So, we closely monitor the price and where it's heading. Is there a way, short of hauling out the dusty crystal ball, of knowing where the price is heading in future months, even in future years? Sort of. It's called the forward market.

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