As of may 6, natural gas futures for june at the henry hub remain above $2.00 per mmbtu, and cme group projects prices to rise above $3.00 by late 2024.We expect prices to stay nearly the same in 2024 as dry natural gas production continues to grow in the united states and outpaces domestic natural gas.
Natural gas prices and storage we expect the u.s.In the us market, eia and fitch ratings were more upbeat in their natural gas price forecast for 2024, projecting henry hub gas to rise in 2024.Natural gas production in 2024 will continue to put upward pressure on the henry hub natural gas spot price.
For oil at $40/b a similar level of change would mean an increase to $180/b, natural gas prices are much more volatile than oil prices.Attorney general gentner drummond and outside attorneys filed separate cases in april against energy transfer and symmetry energy solutions on behalf of the.
Gasbuddy projects the national average price for regular gas will stand at $3.49 a gallon on independence day.Natural gas price forecast for july 2024.Eia projected henry hub's price to average $2.65/mmbtu in 2024, up from $2.59 in 2023, while fitch ratings saw the price rise to $3.25/mcf from $2.80 in 2023.
Stock draws are expected in 2024 followed by stock builds in.Energy information administration (eia) expects the benchmark henry hub spot price to average about $2.25 per million british thermal units (mmbtu) in 2024, a 10% decrease from 2023 and a 65% decrease from 2022.
However, prices could be higher than projected due to geopolitical developments, reduced u.s.3 does not include other applicable fees or taxes.Meanwhile, rates in oklahoma increased the most, with natural gas prices rising 35.1%.
Get all information on the price of natural gas including news, charts and realtime quotes.
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German champions Bayer Leverkusen will kick off their Bundesliga title defence and continue their unbeaten domestic streak away at local rivals Borussia Monchengladbach on Aug. 23, the league confirmed on Thursday as the fixture list was announced.
As usual in Germany, the champions play the first game of the new league season on a Friday night.
Gladbach were the only Bundesliga team that managed to stop Leverkusen scoring last season, holding Xabi Alonso's team to a 0-0 draw in their last meeting in January.
Leverkusen became the first team to win the Bundesliga title without losing a game.
Fixtures released by the league Thursday also include Bayern Munich starting their league season at Wolfsburg as they look to reclaim the Bundesliga title, and Champions League runners-up Borussia Dortmund playing Eintracht Frankfurt on the opening weekend.
Those games are set for either Aug. 24 or 25, with precise dates and times to be confirmed.
Leverkusen take on Bayern, Germany's most successful club historically, on the fifth matchday of the season from Sept. 27-29 at the Allianz Arena, and take them on at home between Feb 14-16.
Dortmund face Bayern in Der Klassiker on the final weekend of November at home, with the return fixture in Munich between April 11-13.
The first round of the German Cup starts the season Aug. 16 and there is the Super Cup between Leverkusen and Stuttgart the following day. Leverkusen won the German Cup last year as part of their infallible domestic term.
The only game they lost all season came in the Europa League final at the hands of Serie A's Atalanta.
Information from the Associated Press contributed to this report.
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