ALL ABOUT THE NATURAL GAS MARKET: NATURAL GAS: HIGH DEMAND The higher gas demand is coming from three places. The gas price in 2023 and 2024 has begun to dip just a bit (though it did go up last week), but further out, we are seeing pricing trend upwards in 2026, 2027, and 2028. This…
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NATURAL GAS DEMAND WITH EXPORTS Even though we now have record natural gas production, we also have record demand for natural gas. When you add in the LNG exports, current demand is above 2022 and 2021 and higher than the five-year average and the five-year average range. Demand and exports have been higher this summer,…
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Why do changes in retail natural gas prices lag in wholesale natural gas prices? Mainly due to the nature of utility regulation. So far this year, monthly average natural gas wholesale spot prices at the U.S. benchmark Henry Hub have generally declined. Still, these relatively low prices have not immediately translated into lower retail prices…
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