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U.S. NatGas Production Again Forecast to Increase, Says EIA

The Energy Information Administration (EIA) revised its forecast for dry natural gas production from U.S. onshore basins to increase to an average of 73.7 Bcf/d this year, or 1.4 Bcf/d more than in 2016, according to its September Short-Term Energy Outlook (STEO).

September 12, 2017
2017 Henry Hub NatGas Spot Price Forecast Up 7 Cents, EIA Says

2017 Henry Hub NatGas Spot Price Forecast Up 7 Cents, EIA Says

Henry Hub natural gas spot prices will average $3.17/MMBtu this year, and new export capabilities, combined with growing domestic consumption, will help drive prices even higher, to $3.43/MMBtu next year, according to the Energy Information Administration’s (EIA) latest Short-Term Energy Outlook (STEO).

May 9, 2017
EIA Raises 2017 NatGas Price Forecast to $3.17/MMBtu

EIA Raises 2017 NatGas Price Forecast to $3.17/MMBtu

Henry Hub natural gas spot prices will average $3.17/MMBtu this year, and new export capabilities, combined with growing domestic consumption, will help drive prices even higher, to $3.43/MMBtu next year, according to the Energy Information Administration’s (EIA) latestShort-Term Energy Outlook (STEO).

May 9, 2017
EIA’s 2017 Natural Gas Price Forecast Stumbles to $3.43/MMBtu

EIA’s 2017 Natural Gas Price Forecast Stumbles to $3.43/MMBtu

Increasing capacity for gas-fired electric generation, growing domestic consumption and new export capabilities will all contribute to increasing Henry Hub spot prices this year, though the expected average — $3.43/MMBtu — may not be as high as previously forecast, according to the Energy Information Administration (EIA).

February 7, 2017
EIA Slashes NatGas Price Forecast: $2.25/MMBtu in 2016, $3.02/MMBtu in 2017

EIA Slashes NatGas Price Forecast: $2.25/MMBtu in 2016, $3.02/MMBtu in 2017

Energy Information Administration (EIA) price forecasts for the next two years turned downward Tuesday when the agency said a warmer-than-normal winter, record inventory levels and production growth all weighed on prices. Forecasts had been firming recently.

March 9, 2016

NatGas Price Forecast Firming: $2.64/MMBtu in 2016, $3.22MMBtu in 2017, EIA Says

Because natural gas withdrawals from storage have picked up with January’s colder temperatures and U.S. production tailed off a bit in November, the Energy Information Administration (EIA) said Tuesday it has decided to leave its price forecasts for the next two years almost unchanged: $2.64/MMBtu this year and $3.22/MMBtu next year.

February 10, 2016

EIA Says China Becoming World’s Largest Net Oil Importer

The U.S. Energy Information Administration (EIA) said China is projected to pass the United States and become the world’s largest net importer of oil — on a monthly basis by October, and on an annual basis by 2014.

August 12, 2013
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