Has Nat Gas Peaked?
May 09, 2022
As natural gas spot prices traded above $8.00/mmbtu, it was only fitting to see talk of the next major threshold. Is it $9.00/mmbtu, or perhaps $10.00/mmbtu? Maybe $8.00/mmbtu was it. The market is showing signs of weakness after a drop of nearly $1 on Monday. Regardless, it’s a good time to talk to your ENGIE contact.