Gas Shortage 2024 Usa. The energy information administration this month revised its gas price forecast for the full year upwards, seeing the commodity average $9 per mmbtu in the final quarter before. Gasoline production is the result of refiners’ gasoline yield from crude oil and unfinished oil inputs to refineries.
We expect global inventory withdrawals in the second quarter of 2024, followed by mostly balanced markets in the second half of 2024 through 2025. Benchmark natural gas spot price at the henry hub is expected to average under $3.00 per million british thermal.
