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EIA says Henry Hub spot prices have fallen since August but retail heating costs will stay high because winter will be colder than usual. Its November outlook projects winter spot prices near $6/MMBtu, about $1 below October's forecast.
Lower projected spot gas prices ease industrial energy costs, though the cold-winter outlook supports demand and keeps prices elevated relative to history.
cooperative.comNov 14, 2022After 40 past neutral report events, Natural Gas moved a median +1.2% over 5 sessions (60% higher; middle half -3.5% to +2.8%), and +4.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
