Natural Gas Prices Plummet Amid Warm Weather Forecasts
Natural gas markets continue to experience volatility, with concerns of a potential recession impacting demand. While the current warm weather in the US has driven down demand, the author believes that natural gas will be in short supply this winter due to factors such as European demand, limited alternatives to Russian supply, and potential disruptions in Western Africa. The author remains optimistic about the American natural gas contracts and sees the current dip as an opportunity to invest, with a potential price target of $5 per share this winter.