Natural Gas Prices to Drop by 9 Percent This Year as Production Exceeds Demand: EIA
Continued growth in U.S. natural gas production is expected to result in 9 percent lower average prices this year compared to 2019, according to a Jan. 15 report from the U.S. Energy Information Administration. Natural gas production, which set a new record last year, averaging 92.0 billion cubic feet per day is forecast to rise…
