# EIA now expects U.S. natural gas prices to average above $6.00/MMBtu this winter -
		U.S. Energy Information Administration (EIA)

> The EIA forecasts Henry Hub natural gas spot prices will average $6.09/MMBtu over November 2022 to March 2023, the highest real winter price since 2009-10. The forecast reflects storage about 4% below average and higher LNG export demand as Freeport LNG returns.

- Date: 2022-11-09 · published 2022-11-09T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/7577-eia-now-expects-u-s-natural-gas-prices-to-average-above-6-00-mmbtu-this-winter
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A higher winter gas price outlook raises the cost of gas-fired power and drying energy, and supports ethanol and feed-related energy costs in the US.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2025-01-23 | [EIA expects higher wholesale U.S. natural gas prices as demand increases -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/26691-eia-expects-higher-wholesale-u-s-natural-gas-prices-as-demand-increases-u-s.md) | -12.2% | +22.8% |
| NATGAS | 2022-11-09 | [EIA: U.S. Winter Natural Gas to Average Above $6.00/MMBtu - Fuels Market News](https://feedsoft.ai/events/38862-eia-u-s-winter-natural-gas-to-average-above-6-00-mmbtu-fuels-market-news.md) | +20.4% | +2.3% |
| NATGAS | 2018-10-12 | [Natural gas storage likely to enter winter at lowest levels since 2005 -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/7398-natural-gas-storage-likely-to-enter-winter-at-lowest-levels-since-2005-u-s.md) | +1.5% | +11.0% |
| NATGAS | 2024-11-25 | [Global natural gas market may experience a tighter supply-demand balance this winter -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/27591-global-natural-gas-market-may-experience-a-tighter-supply-demand-balance-this.md) | +14.0% | +18.4% |
| 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% |

## Sources

- eia.gov: https://www.eia.gov/Todayinenergy/detail.php?id=54599

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