# EIA expects higher wholesale U.S. natural gas prices in 2021 and 2022

> EIA's January 2021 Short-Term Energy Outlook forecasts Henry Hub spot gas averaging $3.01/MMBtu in 2021, up 98 cents. Higher prices are expected to lift US dry gas output in the second half of 2021 while reducing power-sector gas consumption as coal and renewables gain share.

- Date: 2021-02-01 · published 2021-02-01T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/49337-eia-expects-higher-wholesale-u-s-natural-gas-prices-in-2021-and-2022
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A forecast rise in US natural gas prices raises energy and fertilizer costs and modestly supports the energy complex, though it is a forecast rather than a new shock.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2025-01-23 | [EIA expects higher wholesale U.S. natural gas prices as demand increases -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/26691-eia-expects-higher-wholesale-u-s-natural-gas-prices-as-demand-increases-u-s.md) | -12.2% | +22.8% |
| NATGAS | 2017-02-01 | [Natural gas prices in 2017 and 2018 are expected to be higher than last year](https://feedsoft.ai/events/73135-natural-gas-prices-in-2017-and-2018-are-expected-to-be-higher-than-last-year.md) | +0.7% | -13.2% |
| NATGAS | 2021-07-22 | [EIA: Summer US natural gas prices highest since 2014 \| Oil & Gas Journal](https://feedsoft.ai/events/46255-eia-summer-us-natural-gas-prices-highest-since-2014-oil-and-gas-journal.md) | +3.1% | -2.4% |
| NATGAS | 2022-11-09 | [EIA now expects U.S. natural gas prices to average above $6.00/MMBtu this winter -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/7577-eia-now-expects-u-s-natural-gas-prices-to-average-above-6-00-mmbtu-this-winter.md) | +20.4% | +2.3% |
| NATGAS | 2021-05-11 | [EIA’s Natural Gas Price Forecast Ticks Up to $3.05 on Exports, U.S. Demand](https://feedsoft.ai/events/47267-eia-s-natural-gas-price-forecast-ticks-up-to-3-05-on-exports-u-s-demand.md) | +4.0% | +6.4% |

## Sources

- eia.gov: https://www.eia.gov/todayinenergy/detail.php?id=46456

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