EIA Lowers U.S. Natural Gas Price Forecast After A Warmer-Than-Average Start To 2023
March 08, 2023
March 08, 2023
WASHINGTON, March 8 -- The U.S. Department of Energy's Energy Information Administration issued the following news release:
The U.S. Energy Information Administration (EIA) expects natural gas prices at the Henry Hub to average around $3.40 per million British thermal units in 2023, 47% lower than in 2022. According to EIA's February Short-Term Energy Outlook (STEO), a warmer-than-normal start to the year has reduced natural gas consumption to below average.
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The U.S. Energy Information Administration (EIA) expects natural gas prices at the Henry Hub to average around $3.40 per million British thermal units in 2023, 47% lower than in 2022. According to EIA's February Short-Term Energy Outlook (STEO), a warmer-than-normal start to the year has reduced natural gas consumption to below average.
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