NewsStory

EIA raises U.S. November gas storage forecast and cuts winter price outlook

KROV newsroom

12 Nov 2026, 6:14 am IST1 min read

DiscussionThe story behind the news.

Painted illustration of a radiator and a temperature dial beside a window.

The U.S. Energy Information Administration raised its forecast for natural gas in U.S. storage at the end of November to 3,840 billion cubic feet. Its November 10 outlook puts the figure 67 billion cubic feet above its October projection. The agency said a warm start to November was easing pressure on prices.

The EIA now forecasts an average Henry Hub spot price of US$2.87 per million British thermal units from November 2026 through March 2027, 16% below its October forecast for the same period.

The agency said severe cold, particularly in January or February, could push demand above its forecast and cause temporary price spikes. Its next outlook is due December 8.

Cover image is an AI-generated editorial illustration.

Sources and credits

Credit: U.S. Energy Information Administration, November 2026 Short-Term Energy Outlook

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