Natural Gas Prices - March 28

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

Natural Gas Prices - March 28

Post by dan_s »

The Ngas price you see today is the MAY25 NYMEX contract for Henry Hub natural gas. It is now the "Front Month" contract.

The DEC25 NYMEX contract, which will be the front month contract at the end of October is trading today for $5.11/MMBtu.
JAN26 is trading for $5.35.

April is the lowest demand period for the space heating fuel. NGas demand for power generation will start ramping up in May.

If these prices hold, it is going to be a VERY GOOD YEAR for all of our gassers.
Dan Steffens
Energy Prospectus Group
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