Thursday, 13 December 2018

EIA forecasts Henry Hub spot price to soften in 2019

Strong, sustained growth in U.S. gas production is putting downward pressure on Henry Hub spot and futures prices. Dry gas production increased to 83.3 Bcf/d in 2018, according to figures by the U.S. Energy Information Administration (EIA), which forecasts a subsequent fall in Henry Hub spot gas prices to $3.11 per MMBtu on average in 2019.

Subscriber content
  Full content is available only to subscribers
please log in below or subscribe now
Or request to register for a free 14 day trial here