The 2022 average wholesale US natural gas spot price at the Henry Hub was the highest in real and nominal terms since 2008, averaging US$6.45 per million Btu, according to data from Refinitiv Eikon. Daily prices reached a high of US$9.85/Btu on 22 August 2022 and a...
Price Trends and Production Outlook Natural gas prices dipped to their lowest since June 2020 on February 27, but the EIA forecasts a surge in U.S. gas usage in 2024. Concurrently, production is projected to decrease, marking the first decline since 2020. Production Decline in Major Firms The...
Stay informed on the latest updates regarding natural gas storage levels in the U.S. EIA reports that the storage season closed near record levels, influenced by a combination of factors including pandemic-related demand changes and production fluctuatio
HOUSTON, Feb. 28 (Xinhua) -- The U.S. Energy Information Administration (EIA) said in a report on Thursday that the U.S. average daily rate of dry natural gas production for December was the highest for any month since EIA began tracking the figure in 1973. According to the organization...
U.S. natural gas production continued to increase in August despite relatively low natural gas spot prices, setting a new daily production record of 92.1 Bcfd on August 5, 2019, according to data from OPIS PointLogic Energy.
Energy Information Administration that the average Henry Hub spot prices for natural gas will rise by 36% in 2010. The agency further stated that high inventory levels and increased supplies of domestic unconventional resources will prevent further price increases during the period. In addition, it ...
Henry Hub Natural Gas Price Data Source: EIA, CME Group and Refinitive, an LSEG business Note: Confidence interval derived from options market information for the five trading days ending December 1, 2022. Intervals not calculated for months with sparse trading in near-the-money options contracts...
Daily Gas Price Index E&P Natural Gas Prices January 03, 2025 Lower 48 natural gas production has climbed 7 Bcf/d off November’s lows to catch up and overtake year-ago levels, but output faces potential freeze-off risks that are not expected to be as bad as last January...
Natural gas prices.We expect the Henry Hub natural gas spot price to rise in the coming months to average $2.80 per million British thermal units (MMBtu) in 1Q25, following seasonal patterns during which prices typically rise during the winter. The monthly average Henry Hub daily spot price ...
U.S. Energy Information Administration | Natural Gas Monthly iii June 2018 Preface The Natural Gas Monthly (NGM) highlights activities, events, and analyses of interest to public and private sector organizations associated with the natural gas industry. Volume and price data are presented each month...