# Natural gas prices in 2017 and 2018 are expected to be higher than last year

> The EIA's January 2017 Short-Term Energy Outlook expects Henry Hub natural gas to average $3.55/MMBtu in 2017 and $3.73 in 2018, up from a 2016 average of $2.51. The agency attributes the rise to consumption and exports exceeding supply and imports, which keeps inventories low.

- Date: 2017-02-01 · published 2017-02-01T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/73135-natural-gas-prices-in-2017-and-2018-are-expected-to-be-higher-than-last-year
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A forecast of higher Henry Hub prices raises the cost of natural gas used in fertilizer, ethanol and feed processing, which can lift input costs for feed producers.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-02-01 | [EIA expects higher wholesale U.S. natural gas prices in 2021 and 2022](https://feedsoft.ai/events/49337-eia-expects-higher-wholesale-u-s-natural-gas-prices-in-2021-and-2022.md) | +20.6% | +4.5% |
| NATGAS | 2017-07-20 | [Natural Gas Prices Up Slighting After Lower Than Expected Storage Build \| OilPrice.com](https://feedsoft.ai/events/70137-natural-gas-prices-up-slighting-after-lower-than-expected-storage-build.md) | -5.4% | -5.6% |
| NATGAS | 2017-10-29 | [World natural gas prices projected to rise 3 percent in 2018: World Bank \| Emirates News Agency](https://feedsoft.ai/events/68635-world-natural-gas-prices-projected-to-rise-3-percent-in-2018-world-bank.md) | +3.6% | +5.9% |
| NATGAS | 2017-01-10 | [Henry Hub Spot NatGas Prices Seen Heading Higher in 2017 Than December Forecast, EIA Says](https://feedsoft.ai/events/73144-henry-hub-spot-natgas-prices-seen-heading-higher-in-2017-than-december-forecast.md) | +8.6% | -4.4% |
| 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% |

## Sources

- eia.gov: https://www.eia.gov/todayinenergy/detail.php?id=29632

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