The forecast for household expenditure on natural gas in the US from 2024 to 2028 reveals a gradual decline. The spending for 2024 is projected at $347, decreasing modestly each year to $334 by 2028. In 2023, the actual expenditure was $350. This indicates a year-on-year decline of around 0.9% between 2023 and 2024 and a continuous annual percent decrease of 0.9% to 1.0% annually through 2028. The compound annual growth rate (CAGR) from 2024 to 2028 stands at a negative value of approximately 0.9%.

Future trends to watch for include:

Potential shifts in natural gas prices driven by geopolitical and economic factors.
Changes in consumer behavior towards energy consumption influenced by technological advancements and environmental policies.
Impact of renewable energy alternatives gaining traction and possibly affecting natural gas demand.