The forecast for tax expenditure on natural gas relative to GDP in the US shows a decreasing trend from 2024 to 2028. Starting at 0.003% of GDP in 2024, it is expected to decline to 0.002% in 2025 and 2026, drop further to 0.001% in 2027, and reach 0 by 2028. This signifies a progressive reduction, reflecting an average annual decrease over the five-year period.
Future trends to watch for include the impact of renewable energy policies, potential regulatory changes, and technological advancements in energy efficiency. The transition towards more sustainable energy sources could accelerate this downward trend in tax expenditures on natural gas.
