Prices are still holding low, but a major move in long term numbers. The Beacon, 08/03/2020
The Headline: Continued Low Prices through 2025, but Major Long-Term Price Increases After That.
The Bottom Line: Despite an active hurricane season and warm weather forecasts, good gas storage numbers are holding prices down. Prices after 2025, though, may be responding to low drilling rig counts and election year nervousness – they are up as much as 25 cents/BCF. Locking in rates through 2025 is advised – before that pessimistic long-term outlook creeps forward in the curve and makes your energy price higher.
Click HERE for your free copy of the Beacon!