# EIA expects 2018 and 2019 natural gas prices to remain relatively flat

> 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.

- Date: 2018-02-01 · published 2018-02-01T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/67161-eia-expects-2018-and-2019-natural-gas-prices-to-remain-relatively-flat
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

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.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2023-02-01 | [EIA forecasts lower wholesale U.S. natural gas prices in 2023 and 2024](https://feedsoft.ai/events/37942-eia-forecasts-lower-wholesale-u-s-natural-gas-prices-in-2023-and-2024.md) | -7.6% | +1.2% |
| NATGAS | 2023-03-09 | [EIA expects US natural gas consumption to fall 2.4% in 2023 \| Oil & Gas Journal](https://feedsoft.ai/events/37036-eia-expects-us-natural-gas-consumption-to-fall-2-4-in-2023-oil-and-gas-journal.md) | -3.2% | -14.4% |
| NATGAS | 2020-09-01 | [U.S. liquefied natural gas exports remain at low levels this summer](https://feedsoft.ai/events/51819-u-s-liquefied-natural-gas-exports-remain-at-low-levels-this-summer.md) | -3.4% | -14.2% |
| NATGAS | 2017-01-05 | [EIA Reports Smaller-than-expected Fall In U.S. Natural-gas Supplies \| Fox Business](https://feedsoft.ai/events/11915-eia-reports-smaller-than-expected-fall-in-u-s-natural-gas-supplies-fox-business.md) | -2.9% | -5.5% |
| NATGAS | 2023-08-31 | [Nat-Gas Prices Fall Back on Bearish EIA Report](https://feedsoft.ai/events/34751-nat-gas-prices-fall-back-on-bearish-eia-report.md) | -4.5% | +7.9% |

## Sources

- eia.gov: https://www.eia.gov/todayinenergy/detail.php?id=34672

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