Natural Gas Price Forecast: Storage Surprise Keeps Henry Hub Near $2.80 Before Summer Demand Test
U.S. natural gas prices closed the week near $2.80 per million British thermal units, supported by a smaller-than-expected storage build of 63 bcf, according to the EIA. Stocks remain 75 bcf above last year and 139 bcf over the five-year average. The EIA projects Henry Hub to average $3.10/MMBtu in Q2 and Q3, with 2026 LNG exports forecast at 17.0 bcf/d.