Natural Gas Prices Forecast 2024 Us

Natural Gas Prices Forecast 2024 Us. Natural gas prices are forecast to be significantly lower in 2024 compared to the previous two years, with a recovery anticipated in 2025. Energy information administration (eia) is cutting its projected average henry hub natural gas spot price to $2.20/mmbtu for 2024, down 5.2% from the $2.30.

For 2024 as a whole, production is expected to average 103 bcf/d, and then rise to a new record of 105 bcf/d in 2025, according to the united states energy information. Energy information administration (eia) is projecting a henry hub natural gas spot price average at $2.20/mmbtu for 2024, unchanged from the average price the agency modeled a month.