EIA: Record low Henry Hub average price in 2024

Jack Burke Senior Editor, Compressor Tech2

January 08, 2025

Record low prices when adjusted for inflation

In 2024, the U.S. benchmark Henry Hub natural gas spot price averaged just $2.21 per million British thermal units (MMBtu), marking the lowest average annual price in inflation-adjusted terms ever reported. This sharp drop in prices reflects a broader trend driven by robust natural gas supply and weak demand, significantly…

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Jack Burke Senior Editor Tel: +1 262 527 0815 E-mail: [email protected]
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