U.S. Energy Information Administration logo

Posted January 17, 2019 Today in Energy

EIA expects relatively flat natural gas prices, continued record production through 2020 ›

EIA’s January 2019 Short-Term Energy Outlook (STEO) expects several U.S. natural gas market trends from 2018 to continue into 2019 and 2020, including relatively stable Henry Hub natural gas prices and increasing natural gas production and exports. According to the STEO, total U.S. natural gas consumption is expected to increase slightly through 2020, with increases in the electric and industrial sectors offsetting decreases in the residential and commercial sectors. More

monthly Henry Hub natural gas price and NYMEX confidence intervals

Source: EIA, Short-Term Energy Outlook, January 2019

Data Highlights

WTI crude oil futures price

1/16/2019: $52.31/barrel

down$0.05 from week earlier
down$11.42 from year earlier

Natural gas futures price

1/16/2019: $3.384/MMBtu

up$0.400 from week earlier
up$0.255 from year earlier

Weekly coal production

1/12/2019: 15.062 million tons

up3.119 million tons from week earlier
up1.843 million tons from year earlier

Natural gas inventories

1/11/2019: 2,533 Bcf

down81 Bcf from week earlier
down77 Bcf from year earlier

Crude oil inventories

1/11/2019: 437.1 million barrels

down2.7 million barrels from week earlier
up24.4 million barrels from year earlier