Natural Gas Prices Forecast 2024 Pdf. Global gas markets stay in fragile equilibrium, with limited supply growth as demand rises steadily, up by 1.5% in 2023, with an expected acceleration to 2.1% by the end of 2024. In 2025, the forecast was also raised, to $236.5 billion from $226.2 billion in the.
The eia reports that price increases ranged from $0.14 per mmbtu at fgt citygate in florida to $3.57 at waha hub in west. Natural gas production will decline in 2024 while demand will rise to a record high, the u.s.
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