EIA forecast

EIA Slashes January Natural Gas Spot Price Forecast to $3.10 on Lack of Withdrawals, Warm Temps

EIA Slashes January Natural Gas Spot Price Forecast to $3.10 on Lack of Withdrawals, Warm Temps

With stockpiles higher than previously expected as winter temperatures have thus far deviated to the warmer side of normal, the U.S. Energy Information Administration (EIA) is slashing its forecast for average January natural gas spot prices to $3.10/MMBtu, down from $3.42 predicted a month ago. The updated forecast for benchmark Henry Hub, published Tuesday in…

December 8, 2020
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