EIA expects low natural gas prices to continue in US in 2024

U.S. Energy Information AdministrationThe U.S. Energy Information Administration (EIA) expects the benchmark Henry Hub spot price to average about $2.25 per million British thermal units (MMBtu) in 2024, a 10 percent decrease from 2023 and a 65-percent decrease from 2022.In its March Short-Term Energy Outlook (STEO), EIA forecasts that U.S. natural gas inventories will be more than 30-percent…