To view the slide deck click here – October 30, 2023
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Energy Insights: Residential Natural Gas Prices Expected to Drop
Residential natural gas prices are expected to reach their lowest level since 1977 next year after adjusting for inflation, according to the Energy Information Administration (EIA) Short-Term Energy Outlook. The anticipated decline in residential natural gas prices marks a significant moment for natural gas pricing for consumers. The EIA forecast shows inflation-adjusted natural gas prices drop to $12.75 per Mcf in 2024 and $12.00 per Mcf in 2025, a decline of 17% and 22%, respectively, from 2023 prices.
Energy Insights: Normalized Natural Gas Use per Commercial Gas Consumers
This AGA Energy Analysis looks at the average use and behavior of a commercial gas consumer, including an increase in the total number of commercial gas consumers, with a decline of normalized average use.