EIA Summer forecast for natural gas

Short-Term Energy Outlook: Natural Gas - EIA

We estimate marketed natural gas production will average 113 Bcf/d in 2024, relatively unchanged from 2023. Average monthly production peaked this year at 115 ...

Short-Term Energy Outlook - EIA

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 ...

Our U.S. summer natural gas consumption forecast for electric ... - EIA

In our May 2024 Short-Term Energy Outlook (STEO), we forecast natural gas consumed to generate electricity will average 44.7 billion cubic feet ...

Short-Term Energy Outlook - EIA

The increase in consumption in 2024 is being supplied primarily from growth in use of natural gas (up 3% from. 2023) and solar power (up 34%).

EIA Summer forecast for natural gas, renewables - Power Engineering

EIA is forecasting natural gas consumption for the electric power sector will average 38 billion cubic feet (Bcf/d) during Summer (May-September) 2023.

Short-Term Energy Outlook - EIA

However, low prices reduced natural gas-directed drilling and led producers to curtail some. Short-Term Energy Outlook. Page 4. July 2024. U.S. ...

STEO June 2024 - Short-Term Energy Outlook

Although we forecast an increase in natural gas prices for the summer months as storage inventories ... Weekly Petroleum Status Report , DOE/EIA- ...

Analysis & Projections - U.S. Energy Information Administration (EIA)

Recent Data ; Heating Oil · dollars per gallon, 5.01, 3.84 ; Natural Gas · dollars per thousand cubic feet, 14.77, 15.19 ; Electricity · cents per kilowatthour, 15.04 ...

EIA Raises Natural Gas Price Forecast Amid Curtailed Output ...

EIA researchers predicted output would climb to an average of 105 Bcf/d in 2025 as Henry Hub prices improve and natural gas demand for feed gas for LNG ...

Natural Gas Sees Weekly Gain on EIA Report, Summer Forecasts

The latest increase puts total natural gas stocks at 2,563 Bcf, which is 444 Bcf (21%) above the 2023 level and 640 Bcf (33.3%) higher than the ...

EIA outlook expects natural gas to be largest electricity source this ...

Shares of both natural gas and coal are expected to decrease compared to last summer's numbers due to increased output from renewable energy resources. In ...

Today in Energy - U.S. Energy Information Administration (EIA)

Our U.S. summer natural gas consumption forecast for electric power matches 2023 record. May 21, 2024. Guyana becomes key contributor to global crude oil ...

natgasweather – natgasweather

Natural Gas Daily Weather Forecast; Mid-Day Pattern Update; Summer Outlooks ... Nov 14: Today's EIA weekly nat gas storage report printed a build of +42 ...

EIA forecasts rising electricity demand, natural gas prices - Land Line

Increased demand as well as costs are expected for several sectors, according to the July Energy Information Administration short-term ...

EIA Forecasts 'Sharp Increases' In Natural Gas Prices

“EIA estimates U.S. dry natural gas production will be down 3.6 billion cubic feet a day in 2020 and decline a further 4.6 Bcf/d in 2021 (Figure 1).” FIGURE 1.

Gas Usage for Power in Summer 2024 Forecast to Reach 2023 ...

Natural Gas Usage for Power Generation During Summer 2024 Forecast to Reach 2023 Record Volume: EIA ... U.S. natural gas usage for power ...

EIA Short-Term Energy Outlook - Fuels Market News

Natural gas prices. We forecast the Henry Hub natural gas spot price will average almost $2.90 per million British thermal units (MMBtu) in 2H24 ...

EIA Increased Its US Natural Gas Consumption Forecast For The ...

EIA expects U.S. natural gas production to increase in February, reach 105 Bcf/d in March, and stay close to that level for the rest of 2024. As ...

Articles tagged eia-forecast - Natural Gas Intelligence

The US Energy Information Administration (EIA) is projecting a Henry Hub natural gas spot price average of $2.50/MMBtu for 2024, up 13% from the average price ...

Natural Gas Market Indicators - July 11, 2024

The natural gas market is feeling the heat this summer, driven by extreme weather and the onset of hurricane season.