EIA Expects Low Natural Gas Prices to Continue in 2024, Slightly Reducing Production Compared With 2023
March 13, 2024
March 13, 2024
WASHINGTON, March 13 -- The U.S. Department of Energy's Energy Information Administration issued the following news release on March 12, 2024:
The U.S. Energy Information Administration (EIA) expects the benchmark Henry Hub spot price to average about $2.25 per million British thermal units (MMBtu) in 2024, a 10% decrease from 2023 and a 65% decrease from 2022. In its March Short-Term Energy Outlook (STEO), EIA forecasts that U.S. natural gas inventories will be more than 30% h . . .
The U.S. Energy Information Administration (EIA) expects the benchmark Henry Hub spot price to average about $2.25 per million British thermal units (MMBtu) in 2024, a 10% decrease from 2023 and a 65% decrease from 2022. In its March Short-Term Energy Outlook (STEO), EIA forecasts that U.S. natural gas inventories will be more than 30% h . . .