Analysts at Wood Mackenzie expect Henry Hub prices to rise toward $5 per MMBtu by 2035, signaling the potential end of the era of cheap U.S. natural gas:
U.S. LNG exports have surged from 0.5 Bcf/d in 2016 to 15.0 Bcf/d in 2025:
During this period, the U.S. has become the world's largest LNG exporter:
The increase in exports and demand from AI data centers will drive higher natural gas demand:
Wood Mackenzie analysts note that gas prices are expected to rise as the best drilling sites are already tapped:
