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US EIA forecasts 34% higher natural gas price for rest of winter over year-ago period

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The US Energy Information Administration said on Dec. 10 it expects Henry Hub natural gas spot prices to average $2.99/MMBtu December through March this winter compared to $2.23 over the same period last winter, a 34% increase. The agency, in its December Short-Term Energy Outlook, noted that the year-over-year increase in gas prices during the ...

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