- Blog
In the Curve – Evolving Trends in Natural Gas Forward Curves
The current forward curve (June 9,2014) for CME NYMEX Henry Hub gas futures shows prices at $4.645/MMBtu for July 2014 then increasing through January 2015 to $4.776/MMBtu before falling back to $4.636/MMBtu at the end of next winter in March 2015. Then they take a nosedive and drop 48 cents in April 2015. From that point out forward curve prices are lower than they have been over the past 6 years – falling $1.24/MMBtu lower than last year’s curve at this time by the end of 2023. And the curve is flat - seasonality in today’s curves is also a shadow of it’s former self. Today we look at natural gas forward curves over the past six years.
