US gas: in July 2021 the US EIA expected a price of $3.00 for 2022; the outcome was $6.45
Next-year forecasts of 14 releases (2010–2024): the outcome above the forecast 5 times, below 9; typical error −0.61 $ per million Btu. The largest under-forecast in July 2021: $3.00 expected for 2022, the outcome was $6.45. The largest over-forecast in July 2022: $4.76 expected for 2023, the outcome was $2.53.
Source: US EIA, Annual Energy Outlook RetrospectiveOpen on the chart →