EIA: Natural Gas Prices to Remain High for Rest of 2022

The U.S. Energy Information Administration, in its latest short-term forecast, says natural gas spot prices will remain high through the rest of 2022. Natural gas spot prices at the U.S. Henry Hub benchmark are expected to average $8.71/MMBtu this summer (June through August) as demand for natural gas outpaces production, with signs of relief in early 2023. 6/14/2022