The Era of Cheap U.S. Natural Gas May Be Coming to an End
OPEC Oil Production Jumps, But Gulf Supply Is Still Far From Normal What I Cover Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… U.S.
natural gas prices are set to rise through 2035, following a decade of low Henry Hub prices, as the AI data center boom and the expansion of U.S.
LNG export infrastructure will underpin strong demand, analysts at Wood Mackenzie say.
During the decade to 2025, the benchmarkU.S.
Henry Hub pricesremained in a narrow range of between $2 per million British thermal units (MMBtu) $4 per MMBtu, thanks to the surge in U.S.
gas production as operators invested in standalone gas plays and boosted associated gas production from oil plays.
Well productivity and technology gains have also helped raise domestic gas output.
As a result, prices have remained low for most of the past decade, but the era of cheap U.S.
gas may be coming to an end, WoodMac’s analysts said in a newreportout this week.
SetOilPrice.comas a preferred source in Googlehere.
LNG exports have soared over the past decade since Cheniere Energy shipped out the first LNG cargo from Sabine Pass in February 2016.
is the world’s biggest LNG exporter, having overtaken Qatar and Australia in recent years.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
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