NG price now and 2 years out
It is estimated that North America will in about 2 years time be paying 3 times what it is today for Nat Gas.
The reason:
It will be a world wide commodity much like oil.
Once the LNG new terminals around the world, including several in teh USA, come om stream, LNG will be shipped in adundance to Asia and Europe.
Europe is currently pays about 9 times what we are for NG.
Our price and Europes will consolidate into a global price, ours being higher and thiers lower to arrive at us paying about $12.00 / $15.00 and that will likely be a world wide price.
NG prices will change dramatically about Nov/ Dec. of 2022 when Freeport comes back on stream representing 15% to 20% of USA NG availabilty.
Then LNG exports will ramp up and mid term elections will be over.