EIA: Soaring Production Will Keep Natural Gas Prices In Check ...Middle East

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EIA: Soaring Production Will Keep Natural Gas Prices In Check
source : OILPRICE ( Middle East ) () 31
Continued increases in U.S. dry natural gas production are expected to outpace domestic demand and exports this year and in 2024 according to the EIA Continued increases in U.S. dry natural gas production are expected to outpace domestic demand and exports this year and next, sending the average U.S. benchmark price lower than in 2022, the U.S. Energy Information Administration (EIA) said on Wednesday. The EIA expects the U.S. benchmark Henry Hub price to average $4.90 per million British thermal units (MMBtu) this year, according to its January…

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