
The EIA's Annual Electricity Outlook 2018 projects U.S. electricity use to grow steadily through 2050, with direct-use generation outpacing retail sales growth. Henry Hub gas prices are projected to average 14% lower through 2050 than in the 2017 reference case, owing to lower-cost Permian and Appalachian supply.
Lower projected Henry Hub gas prices reduce long-run energy costs for feed processors and shift the fuel mix away from other generation sources. The forecast signals a sustained low-price environment for natural gas.
After 62 past bearish report events, NATGAS 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.