US gas spot prices expected to increase in June, stay high through 2022

Tuesday, 05 July 2022

US government analysts expect natural gas spot prices to rise again this month and stay high through the rest of 2022 due to low inventories and higher gas-burn in the power sector. Spot prices at Henry Hub averaged $8.14 per million British thermal units (MMBtu) in May, and are forecast to increase to $8.71 per MMBtu from June through August.

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