# Where Will Henry Hub Gas Price Land? | Rigzone

> The EIA's December Short-Term Energy Outlook expects the Henry Hub spot price to fall from $7.99/MMBtu in the third quarter to $5.82 in the fourth quarter, then rise to above $6 in the first quarter of 2023. It forecasts an average of $5.43/MMBtu for 2023, with volatility risk noted.

- Date: 2022-12-28 · published 2022-12-28T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/38411-where-will-henry-hub-gas-price-land-rigzone
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

The forecast signals softer US gas costs through 2023 after a winter bump, which lowers energy and fertilizer input costs for feed producers.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-11-09 | [US EIA lowers Q4 Henry Hub spot gas price, expects winter volatility](https://feedsoft.ai/events/44234-us-eia-lowers-q4-henry-hub-spot-gas-price-expects-winter-volatility.md) | -10.7% | -33.3% |
| NATGAS | 2019-07-01 | [U.S. Henry Hub natgas prices for June fall to lowest in 20 years \| BOE Report](https://feedsoft.ai/events/58276-u-s-henry-hub-natgas-prices-for-june-fall-to-lowest-in-20-years-boe-report.md) | +1.4% | -7.5% |
| NATGAS | 2020-07-14 | [US Henry Hub natural gas spot prices hit record lows \| Hydrocarbon Engineering](https://feedsoft.ai/events/52293-us-henry-hub-natural-gas-spot-prices-hit-record-lows-hydrocarbon-engineering.md) | -4.0% | +24.2% |
| NATGAS | 2018-01-09 | [EIA Slashes 2018 Henry Hub NatGas Price Forecast to $2.88/MMBtu](https://feedsoft.ai/events/7024-eia-slashes-2018-henry-hub-natgas-price-forecast-to-2-88-mmbtu.md) | +44.4% | -3.8% |
| NATGAS | 2025-06-17 | [Natural gas markets: Price swings amid a shifting global landscape](https://feedsoft.ai/events/24408-natural-gas-markets-price-swings-amid-a-shifting-global-landscape.md) | +3.6% | +3.6% |

## Sources

- rigzone.com: https://www.rigzone.com/news/where_will_henry_hub_gas_price_land-28-dec-2022-171551-article/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.