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The EIA's November Short-Term Energy Outlook projects Henry Hub spot prices averaging about $3.90 in winter 2025-26 and $4.00 in 2026. The agency cites heating demand and rising LNG exports, with US LNG exports expected at 14.9 Bcf per day this year.
A federal forecast of higher Henry Hub prices in 2026 points to rising US gas input costs for nitrogen fertilizer and processing. Growing LNG exports keep the outlook tied to global demand.
naturalgasintel.comKevin DobbsNov 12, 2025After 74 past bullish report events, Natural Gas moved a median +1.3% over 5 sessions (55% higher; middle half -4.0% to +11.3%), and +2.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
