Will Natural Gas Prices Go Up In 2024

Will Natural Gas Prices Go Up In 2024. Gasoline prices are determined by crude oil prices, refinery production costs, distribution and marketing costs, and taxes. For example, the world bank, in its commodity markets outlook, forecasts us natural gas prices to remain close to $2.80/mmbtu.

Second, we can expect a further rise in gas prices, as “natty” moves closer to the $3.60 or so it’s averaged over the last five years. Finally, there’s that string of payout hikes, which.