Natural Gas Prices Forecast 2024 Usa. Energy information administration (eia) is projecting a henry hub natural gas spot price average at $2.20/mmbtu for 2024, unchanged from the average price the agency modeled a month. The current price of natural gas as of october 21, 2024 is $1.76.

Experts are mixed when it comes to future projections, with most expecting a bearish turn. In the first quarter of 2024, we expect natural gas prices to increase, then drop below 2023 prices.