Once a month, the U.S. Energy Information Administration (EIA) analysts issue the agency’s Short-Term Energy Outlook (STEO), their best guess about where energy prices and production will go in the next 12 months. What did the October 2024 STEO, issued yesterday, show? EIA’s analysts believe U.S. natural gas production will decline in 2024 while demand…
The post Oct. STEO Predicts Lower Output, NatGas Price to Avg $3.10 in 2025 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.