EIA Forecasts U.S. Natural Gas Prices Down 9% in 2027

The U.S. Energy Information Administration forecasts Henry Hub spot natural gas, priced for immediate delivery, will average $3.16 per MMBtu (one million British thermal units) in 2027, down 32 cents, or 9%, from 2026. It is a modeled expectation. Futures fell four sessions to October 21 on mild weather, which does not settle January and February risk.