Nat Gas Curve: Bull then Bear
November 08, 2024
Henry Hub futures show a bullish trend into 2027, and then an eight-year dip that ultimately takes the price of molecules back to near current levels. Reuters reports that power and industrial demand should grow in 2025 and beyond as consumption continues to climb and output of manufactured goods and chemicals rises. Reuters sees gas use in power generation accelerating over the coming decade as inefficient coal plants are replaced by gas-fired units.