Natural Gas Spot Prices Fell Across Key Regional Trading Hubs in 2024

Credit to Author: US Energy Information Administration| Date: Tue, 04 Feb 2025 04:55:35 +0000

Average natural gas spot prices at most major trading hubs in the Lower 48 states declined in 2024 compared with 2023 in real terms, according to data from Natural Gas Intelligence. Inflation-adjusted natural gas prices in the Northeast at Algonquin Citygate and Eastern Gas South averaged 32 cents per million British thermal … [continued]

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EIA Expects Higher Wholesale U.S. Natural Gas Prices As Demand Increases

Credit to Author: US Energy Information Administration| Date: Fri, 24 Jan 2025 04:40:59 +0000

We expect increases in the Henry Hub natural gas price in 2025 and 2026 as demand for natural gas grows faster than supply, driven mainly by more demand from U.S. liquefied natural gas (LNG) export facilities, reducing the natural gas in storage compared with the last two years. In our January Short-Term … [continued]

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