B^3?Commodities traders and trade analysts are betting that the cost of natural gas -- i.e., USD/MMBtu -- will rise over the next 12 months by approximately 17%, from (as of 21 May 2022 @ 10:31AM Eastern) $8.04/MMBtu to $9.40/MMBtu by 30 April 2023.
Expressed graphically:
View attachment 2572797
Perhaps analysts are overly optimistic, given that the USD/MMBtu cost exactly one year ago was less than $3/MMBtu -- thus the YoY increase of 177.29% USD/MMBtu.




