EIA Raises Natural Gas Price Forecast After Storm -- Market Talk
Dow Jones
Feb 11
1419 ET - The EIA raises its forecast for U.S. natural gas prices this year after winter storm Fern sent average Henry Hub spot prices soaring 81% in January to an average $7.72/mmBtu. The EIA sees the Henry Hub price averaging $4.31/mmBtu in 2026, up from $3.46/mmBtu previously. Price increases will likely moderate as production rises, the agency says. "By the second half of 2026 we expect production to ramp up as new pipeline capacity comes online in the Permian and producers increase drilling activity in response to higher prices in 1H26." The EIA increased its 2026 dry gas production estimate to 110 Bcf/d from 108.8 Bcf/d. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
February 10, 2026 14:19 ET (19:19 GMT)
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