January 27, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--An increase in demand for natural gas and the rise in U.S. exports of liquefied natural gas are considerably bearish and will likely show up at the consumer level, the Federal Reserve Bank of Dallas said.
Henry Hub, the U.S. benchmark for the price of natural gas, was trading near $3.80 per million British thermal units (MMBtu) on Friday, compared to an average of $2.20 per MMBtu last year. Prices were tested in the early stages of 2025 by inclement weather, with early January storms followed by successive events that ended with rare snowfall along the U.S. Gulf Coast.
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