Prices at the pump will average $2.78 per … The monthly average production is expected to fall from a record 97.0 Bcf/d last December to 85.9 Bcf/d in May 2021, before increasing slightly. We predict that 2021 may feature a sharp rally in gas prices by year end, warning that the national average could rise to as high as $3 per gallon should the nation broadly recover from the COVID-19 pandemic. A ransomware attack has shut down a critical gas line. A customer pumps gas at a station in Richmond, Va., Tuesday, March 16, 2021. Natural Gas Prices Forecast: For 2021 And Beyond. A cyberattack forced the largest US fuel pipeline to shut down Friday, and analysts are worried the disruption could result in a spike in gas prices. Don't "go out and hoard gasoline and make the problem much worse," he says. However, the latest natural gas price prediction from forecasting service Wallet Investor shows the commodity’s value falling in 2021. Gas shortage 2021? More than 70 percent of the gas stations in Charlotte have run dry as panic-buying exacerbated fuel shortages throughout the Southeast in the aftermath of a … What you really need to know about the pipeline hack. But federal and state officials warn the … Gas … Will gas prices go up? Higher prices at gas pumps, grocery stores may be here to stay Consumer Reports editor: ‘I would guess that prices are not going to go down anytime in the near future’ As consumers brace for impact, the possibility of localized fuel outages or price increases depends almost exclusively on how long the pipeline remains down… It expects prices to average $2.63 in December, but plunge to $2.44 in January and decline to $1.97 by April, right before climbing back to $2.30 by December. A recent government report shows gas prices are expected to climb to a three-year high this summer. Experts say drivers in the Southeast could see higher gas prices if the Colonial Pipeline shutdown continues. The hackers struck the system with a ransomware attack, which takes computerized systems hostage until … With regards to the natural gas price price forecast, this market is an interesting one as the resource is in a state of flux in terms of its production, and the markets are also facing tough times amid the Covid-19 pandemic gripping the globe and toppling almost all markets.
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