U.S. natural gas prices slumped by 34% in the first half of this year, dragged down by record production, high inventories, and relatively mild winter temperatures. The average monthly spot natural gas price at the U.S. benchmark Henry Hub dipped by 34%, or by $1.12 per million British thermal units (MMBtu), to $2.
18 per MMBtu between January and June, per data from Refinitiv Eikon cited by the U.S. Energy Information Administration (EIA) on Monday. Adjusted for inflation, this year has seen the lowest average monthly Henry Hub price since June…U.S. Natural Gas Prices Fell 34% In The First Half Of 2023
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