Forecast: Total Support on Natural Gas for All Beneficiaries or Sectors in the US

The total support for natural gas in the U.S. is projected to decline steadily from 2024 through 2028. In 2023, the support level was higher than the 2024 forecast of 1.73 billion USD. The annual decline is evident, with a decrease of approximately 4.6% per year. The Compound Annual Growth Rate (CAGR) over the forecast period is approximately -4.1%, reflecting a continuous reduction in support across all sectors through 2028.

Future trends to watch for include:

  • Shifts in energy policy and regulatory changes impacting natural gas support.
  • Advancements in renewable energy technology potentially accelerating the decline in natural gas reliance.
  • Market dynamics and geopolitical factors affecting natural gas prices and supply chains.

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