The total support on natural gas for consumers in the US is forecasted to decline from $1.13 billion in 2024 to $0.81 billion by 2028. This indicates a steady reduction in support over this period. Notably, the year-on-year variation displays a downward trend, highlighting a persistent decrease in financial backing for natural gas consumers. The compounded annual growth rate over the five-year forecast period underscores this shrinking trend, projecting an average annual decrease in support levels. In 2023, support was estimated to be stable at approximately $1.13 billion before commencing its decline.
Future trends to watch include potential policy shifts focusing on renewable energy sources, which could further impact support allocations for natural gas. Additionally, market dynamics and technological advancements may play a significant role in shaping the natural gas industry's support structure in the coming years.
