Nat Gas Slide Starts in 2030
October 21, 2024
A look at NYMEX Henry Hub futures paints an interesting picture beginning in 2030. The chart shows a consistent slide that leads to a January 2036 contract that was trading last week at $3.366/mmbtu. That is the nearest to this upcoming January contract, which was trading at $3.059/mmbtu, in more than ten years. The April 2033 contract was $2.510/mmbtu on Friday, lower than the upcoming April 2025 contract at $2.683/mmbtu.