U.S market review: natural gas demand increased, but prices declined at all major hubs

This report finds that although natural gas demand increased, primarily for purposes of power generation and exports, record natural gas production caused prices to decline from 2022 levels at all major U.S. gas hubs. Prices at major natural gas hubs declined year-over-year in 2023, in contrast with the year-over-year price increases seen at most hubs in 2022. Record-high natural gas […]