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Posted January 16, 2018Today in Energy

Natural gas prices, production, and exports increased from 2016 to 2017 ›

In 2017, natural gas spot prices at the national benchmark Henry Hub in Louisiana averaged $3.01 per million British thermal units (MMBtu), about 50 cents per MMBtu higher than in 2016. The higher prices in 2017 contributed to less natural gas consumption for power generation. Increased domestic production was offset by increased exports of natural gas by pipeline and liquefied natural gas (LNG) cargoes. More

graph of monthly and annual average natural gas spot price at Henry Hub, as explained in the article text

Source: EIA, based on Thomson Reuters

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Data Highlights

WTI crude oil futures price

1/11/2018: $63.80/barrel

up$1.79 from week earlier
up$11.55 from year earlier

Natural gas futures price

1/11/2018: $3.084/MMBtu

up$0.204 from week earlier
down$0.140 from year earlier

Weekly coal production

1/6/2018: 12.065 million tons

up1.583 million tons from week earlier
down1.488 million tons from year earlier

Natural gas inventories

1/5/2018: 2,767 Bcf

down359 Bcf from week earlier
down415 Bcf from year earlier

Crude oil inventories

1/5/2018: 419.5 million barrels

down4.9 million barrels from week earlier
down63.6 million barrels from year earlier

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