Why Is Gas Going Up In 2024. When it comes to the oil and natural gas upstream markets, it appears each commodity and their producers are heading to different places in 2024. Prices at the pump are rising fast.
In its natural gas price forecast for 2025 released on september 27, anz research predicted lng spot price to be marginally unchanged at $14.3/mmbtu compared to $14.1/mmbtu in july, but. Crude oil prices are the biggest factor.