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The EIA's latest Short-Term Energy Outlook expects Henry Hub natural gas to average $2.88/MMBtu in 2018 and $2.92 in 2019, slightly below the 2017 average of $2.99. The forecast assumes higher production and roughly flat consumption, with gas-fired power generation rising on low prices.
A flat-to-lower gas price outlook keeps feed-related energy and fertilizer costs contained, with little support for gas-linked feed inputs. Power-sector gas burn is the main demand offset.
eia.govU.S. Energy Information Administration (EIA) (.gov)Feb 1, 2018After 62 past bearish report events, Natural Gas moved a median -3.0% over 5 sessions (42% higher; middle half -7.6% to +4.6%), and -0.5% 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.
