- Blog
In the Curve – Natural Gas Seasonal Storage Spreads
Recent seasonal averages on the CME NYMEX Henry Hub natural gas forward curve show just an 8 cents/MMBtu spread between next winter (2014/2015) and this summer (2014) – a number that provides very little incentive for storage injection. Things don’t look much better for storage spreads further out on the curve either with an average spread over the next 10 years of just 33 cents/MMBtu. Today we analyze storage spreads over the past 6 years.
