Story perspectives
US Gas Prices Could Soar to $7 by 2050
5/16/2025
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Story summary
- US Henry Hub gas prices, typically stable at $2.50-$3.50/mmbtu, may reach $5/mmbtu by 2035 and $7/mmbtu by 2050.
- Increased LNG demand, rising power consumption, and supply risks are key factors driving this potential rise.
- Trump administration policies may speed up gas pipeline approvals, though state challenges could hinder progress.
- Higher gas prices may affect US LNG contracts and lead to increased electricity costs for consumers.
