Natural Gas Prices Forecast 2024 Usa. What is the outlook for the natural gas spot price in 2024 and 2025? Energy information administration (eia) is projecting a henry hub natural gas spot price average at $2.20/mmbtu for 2024, unchanged from the average price the agency modeled a month.

Natural gas prices are forecast to be significantly lower in 2024 compared to the previous two years, with a recovery anticipated in 2025. Record production and mild weather lowered 2023 gas prices.