As of February 18, 2025, the U.S. Energy Information Administration (EIA) has revised its forecast for Henry Hub natural gas prices, anticipating an average of $3.80 per million British thermal units (MMBtu) for the year. - Safety Gadgets

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As of February 18, 2025, the U.S. Energy Information Administration (EIA) has revised its forecast for Henry Hub natural gas prices, anticipating an average of $3.80 per million British thermal units (MMBtu) for the year.

As of February 18, 2025, the U.S. Energy Information Administration (EIA) has revised its forecast for Henry Hub natural gas prices, anticipating an average of $3.80 per million British thermal units (MMBtu) for the year.

February 18, 2025

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In January 2025, the Henry Hub spot price averaged $4.13 per MMBtu, marking a significant increase from December’s average of $3.01 per MMBtu.

The EIA’s February Short-Term Energy Outlook (STEO) attributes this upward revision to a cold end to January, which increased demand for space heating and contributed to a 12% rise in U.S. natural in gas consumption over the previous five-year average for the month.

While the EIA’s forecast provides a general outlook, it’s important to note that natural gas prices can be volatile and influenced by various factors, including weather conditions, geopolitical events, and market dynamics.

For a more detailed analysis of natural gas price trends and forecasts, you might find the following video informative: