U.S. Gas Production Rises 2025
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average annual gas pricesReuters
•US natural gas drillers to lift 2025 output, reversing year of cuts
80% Informative
U.S. natural gas producers will boost output in 2025 following a series of production cuts this year .
Production is on track to decline in 2024 for the first time since 2020 , when COVID pandemic reduced demand.
Drillers started cutting gas production after average spot monthly prices at Henry Hub benchmark in Louisiana fell to a 32-year low in March .
But rising demand for exports should boost average annual gas prices next year by more than 40% over the levels seen in 2024 .
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