EIA cuts Q4 Henry Hub spot gas price forecast 29 cents to $2.65/MMBtu US EIA raises Q4 gas demand forecast by 0.94 Bcf/d to 88.16 Bcf/d Washington — The US Energy Information Administration Tuesday raised its natural gas marketed production estimate for the US in the fourth quarter by 1.45 Bcf/d to 100.54 Bcf/d. Receive daily email alerts, subscriber notes & personalize your experience. Register Now EIA, in its July Short-Term Energy Outlook, also raised its Q3 production forecast by 1.13 Bcf/d to 99.35 Bcf/d. The agency raised its natural gas consumption estimates by 1.15 Bcf/d to 76.06 Bcf/d for Q3, and by 0.94 Bcf/d to 88.16 Bcf/d for Q4. EIA lowered its forecast for Q3 Henry Hub natural gas spot prices by 30 cents to $2.35/MMBtu. The Q4 forecast also fell 29 cents from the previous month’s estimate to $2.65/MMBtu. The agency projected Henry Hub natural […]

Posted in: USA