In 2023, the total support for natural gas in general services in the US stood slightly below the 2024 forecasted value of $98.77 million. From 2024 to 2028, a gentle upward trend is projected with values rising from $98.77 million to $101.05 million. This indicates a modest, yet consistent annual increase of approximately 0.7% to 0.8%, reflecting steady growth in investment or support in this sector.
The Compound Annual Growth Rate (CAGR) over this period suggests a steady increase in economic support for natural gas.
Future trends to watch include potential shifts in government policies towards renewable energy, market volatility, and advancements in natural gas technologies, all of which could significantly impact these projections.
