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US NATGAS: Henry Hub Spot Price Forecast Raised 20.7% for 2025: EIA STEO

US NATGAS

US Henry Hub spot prices for 2025 have been raised by 20.7% to $3.79/MMBtu, according to the EIA in its February Short Term Energy Outlook.

  • Moreover, prices in 2026 are seen at $4.16/MMBtu, up from $3.97/MMBtu in the January outlook.
  • US dry natural gas production across 2025 has been revised up 0.1 bcf/d to 104.6 bcf/d.
  • Production in 2026 is expected to be 107.3 bcf/d, up 0.1 bcf/d compared to the Jan forecast.
  • Forecasted US natural gas consumption for 2025 is revised up 0.1 bcf/d on January’s forecast at 90.7 bcf/d, while 2026 consumption is at 90.2 bcf/d, down 0.2 bcf/d.
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US Henry Hub spot prices for 2025 have been raised by 20.7% to $3.79/MMBtu, according to the EIA in its February Short Term Energy Outlook.

  • Moreover, prices in 2026 are seen at $4.16/MMBtu, up from $3.97/MMBtu in the January outlook.
  • US dry natural gas production across 2025 has been revised up 0.1 bcf/d to 104.6 bcf/d.
  • Production in 2026 is expected to be 107.3 bcf/d, up 0.1 bcf/d compared to the Jan forecast.
  • Forecasted US natural gas consumption for 2025 is revised up 0.1 bcf/d on January’s forecast at 90.7 bcf/d, while 2026 consumption is at 90.2 bcf/d, down 0.2 bcf/d.