- Sep 15, 2019 9:00 am GMT
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U.S. natural gas production set records in August: a new daily production of 92.8 billion cubic feet per day (Bcf/d) on August 19, 2019, and monthly record where August averaged more than 91 Bcf/d, according to the United State Energy Information Administration (EIA). The Northeast lead the production gains. Despite the gains, EIA forecasts Henry prices are expected to increase from a low of $2.37/MMBtu in July to $2.55/MMBtu in December. What do you make of the market fluctuations?