Full record
HitenergyNatural gas prices push higher through the remainder of May 2024
A scored prediction by Tom Lee, made on .
Scored prediction
Hitenergy“I expect to see a push up likely throughout the balance of May”
Natural gas prices push higher through the remainder of May 2024
- Made on
- 2024-05-12
- Outcome
- Hit
- Importance
- 2 / 5
- Effect on score
- +1.84
What counted as right
- Status
- resolved
- Settled on
- 2024-05-31
Front-month natural gas futures close higher on 2024-05-31 than on 2024-05-12
Criterion: front-month natgas futures close higher on 2024-05-31 than on 2024-05-12 (a Sunday; effective mid-May baseline is the Fri 2024-05-10 close in the low-$2.2s). Front-month NYMEX gas rose materially over May 2024 — one of its strongest months — closing end-May in the high-$2s (~$2.5–2.6), above the mid-May baseline despite a late-May pullback from the ~$2.85–2.90 intramonth peak. Directional outcome (higher) is unambiguous; exact printed closes were not captured from a primary exchange feed, so figures are approximate.
Sources
The Magnificent 7 remain in Stellar Shape? 💪🏻✨
YouTube ·
Evidence of what happened
Natural gas futures rallied sharply through May 2024 ('summer optimism' / bullish momentum lifting NYMEX summer futures to new highs); Henry Hub front-of-curve fixed prices rose ~42 cents w/w to ~$2.845/MMBtu for June delivery over the May 16–22 period, well above early/mid-May levels (front-month ~$2.1–2.3 around May 6–10).
AGA Natural Gas Market Indicators (May 6, 2024) shows front-month June Henry Hub futures around the low-$2s early in the month, establishing the mid-May baseline the end-of-May close is compared against.
Corrections
No public corrections.
Effect on the score
+1.84- How sure they sounded
- 80%
- Outcome
- Hit
- Importance
- 2 / 5
This page shows the scored prediction as published; the site doesn't recompute or adjust the score.
Where this came from
Natural gas prices push higher through the remainder of May…- Methodology version
- v1.0.0
- Last computed
- August 5, 2026
- Made on
- 2024-05-12
How this profile was built
Scored by independent judges
Predictions gathered and sourced
Independently verified against sources