S&P Sees “Headwinds” for Expanded NatGas Production in 2023

S&P Global Commodity Insights published an analysis article speculating on the overall level of natural gas production we can expect to see in the U.S. in 2023. According to S&P's analysts, weaker prices for the NYMEX Henry Hub futures price expected this year, along with recent weakness in the internal rate of return (IRR) for companies, are combining to lower the amount of growth in natgas production we might otherwise have experienced. S&P isn't saying we'll go backward--with less production. It's saying production won't grow as much as it could have if not for these negative factors.

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