The figure shows Solomon’s long-term natural gas pricing outlook to 2030. This figure shows the supply and demand drivers along with their directional influence on the forecast gas price. The size of the text used for each driver reflects its relative influence on the gas price; drivers noted with larger text have more impact on forecast gas prices.
Solomon considers both gas supply and gas demand drivers in its assessment of natural gas prices. Several price drivers can have both a supply and a demand influence, such as political and environmental policies. Solomon considers more than a dozen primary supply and demand price drivers that can influence natural gas prices. It is not Solomon’s intention to produce an exhaustive list of these drivers, but rather to list those drivers that Solomon believes have a meaningful influence on the long-term gas price fundamentals during this outlook period.