U.S. Henry Hub Natural Gas Prices in 2023 Lowest Since Mid-2020

The U.S. Energy Information Administration (EIA) is out with official numbers for 2023 concerning the price of natural gas traded at the benchmark Henry Hub in southern Louisiana. The Henry Hub natural gas price averaged $2.57 per million British thermal units (MMBtu) in 2023, about a 62% drop from the 2022 average annual price. Bear…

The post U.S. Henry Hub Natural Gas Prices in 2023 Lowest Since Mid-2020 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.