EIA: Gas price to remain below $2.00/MMBtu until late in the year

Jack Burke Senior Editor, Compressor Tech2

April 11, 2024

Warm winter leads to spike in storage

U.S. working natural gas inventories ended the winter heating season (November 1–March 31) at 2,290 Bcf, 39% more than the previous five-year (2019–23) average, according to the U.S. Energy Information Administration (EIA).

Relatively high natural gas inventories all winter contributed to record-low Henry Hub natural gas spot prices. The…

Log in to continue reading

Log in for free access to this article and more, including:

  • Industry news and expert insight
  • Digital magazines and reports
  • Newsletters covering the topics that matter to you

If you haven’t completed your free registration yet, we’ll ask you for a few details before returning you to the article.

Login
CONNECT WITH THE TEAM
Jack Burke Senior Editor Tel: +1 262 527 0815 E-mail: [email protected]
Kristin Pride Brand Manager – North America/European Sales Executive Tel: +1 720 298 8546 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA