Natural gas prices: It will take a hot summer to get back to $3

[dan_s]

Phil Flynn on May 6:

We see signs that natural gas demand should pick up this month as weather starts to kick in to more summer like temperatures. I think that last week was a great buying opportunity.

Reports that the Freeport LNG export terminal was taking more inflows last week and they hope that power generation for artificial intelligence and Bitcoin mining and data centers will create an explosion in demand for natural gas next year. It is giving the markets some hope in the face of pretty overwhelming supplies.

Read Phil's full report here: https://blog.pricegroup.com/2024/05/06/price-matters-the-energy-report-05-06-2024/?utm_medium=email&_hsenc=p2ANqtz-_8wHoQ3XcdXTMRvgCvcY8fzaJOLQ1j_YmZTMtjp7BVEb2eYKYbYuQGKE-YuCoNWGW6BK22dyATyBysu7APTpv-GS3LtQ&_hsmi=305785144&utm_content=305785144&utm_source=hs_email