U.S. Energy Information Administration logo

Posted July 18, 2019 Today in Energy

Summer natural gas prices on track to be the lowest in more than 20 years ›

In its July 2019 Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts Henry Hub natural gas spot prices for June, July, and August this year will average $2.37 per million British thermal units (MMBtu). If realized, this price would be the lowest summer average Henry Hub natural gas price since 1998. EIA expects Henry Hub natural gas prices will be 55 cents/MMBtu, about 19%, lower than last summer’s average. More

monthly Henry Hub natural gas spot prices

Source: EIA, Natural Gas Spot and Futures Prices and Short-Term Energy Outlook

Data Highlights

WTI crude oil futures price

7/17/2019: $56.78/barrel

down$3.65 from week earlier
down$11.30 from year earlier

Natural gas futures price

7/17/2019: $2.304/MMBtu

down$0.140 from week earlier
down$0.436 from year earlier

Weekly coal production

7/13/2019: 13.874 million tons

up3.836 million tons from week earlier
down0.436 million tons from year earlier

Natural gas inventories

7/12/2019: 2,533 Bcf

up62 Bcf from week earlier
up291 Bcf from year earlier

Crude oil inventories

7/12/2019: 455.9 million barrels

down3.1 million barrels from week earlier
up44.8 million barrels from year earlier