Goldman Sachs lowers its 2027 New York natural gas price forecast to $2.80 per MMBtu

Goldman Sachs: The 2027 New York Mercantile Exchange natural gas price forecast has been lowered to $2.80 per million British thermal units (previously forecast at $3.50 per million British thermal units); U.S. natural gas demand growth may not fully tighten the supply-demand balance until 2029, which would support natural gas prices remaining at the high level of $35 per million British thermal units.