Loading…
The EIA's January 2019 Short-Term Energy Outlook expects Henry Hub natural gas to average $2.89/MMBtu in 2019 and $2.92 in 2020, about 25 cents below 2018. It also projects record U.S. dry gas output rising from 83.3 Bcf/d in 2018 to 92.2 Bcf/d in 2020.
Stable, ample U.S. gas supply keeps energy input costs for feed mills and ethanol plants predictable, with no strong upward pressure on fuel or drying costs.
eia.govU.S. Energy Information Administration (EIA) (.gov)Feb 1, 2019After 40 past neutral report events, Natural Gas moved a median +1.2% over 5 sessions (60% higher; middle half -3.5% to +2.8%), and +4.5% 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.
