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Power & grid · Thesis 72 · settles Nov 10 · 18 days

Will the government's November energy outlook put average wholesale power prices at or over $50 per megawatthour for 2027?

How it settles

Average the twelve monthly 2027 figures for each of eleven wholesale hub price lines in Table 7a of the EIA's November 10, 2026 outlook, then average those eleven. Yes if 50.00 dollars per megawatthour or above. US Energy Information Administration, Short-Term Energy Outlook, Table 7a (U.S. Electricity Industry Overview)

The exact question and the full rule

Will the EIA's November 2026 Short-Term Energy Outlook average at or above $50.00 per megawatthour across its eleven wholesale electricity hubs for 2027?

Read the Short-Term Energy Outlook the US Energy Information Administration releases on November 10, 2026 (the archive workbook nov26_base.xlsx, Table 7a, lines ELWHU_TX, ELWHU_CA, ELWHU_NE, ELWHU_NY, ELWHU_PJ, ELWHU_MW, ELWHU_SP, ELWHU_SE, ELWHU_FL, ELWHU_NW and ELWHU_SW) and average the twelve monthly figures for 2027 of each of these eleven wholesale electricity hubs, then average those eleven figures. The answer is yes if the result is at or above $50.00 per megawatthour; no if it is below $50.00 per megawatthour.

If the source is late or silent: If the EIA has not posted the November 2026 workbook in its archive by November 17, 2026, or the table lacks a line or a month the rule reads, the test is inconclusive, and the Result says what was read and what was missing; a later outlook does not change the reading.

If no

Gas supply tightness, not non-gas buildout, caps gas's share

Expects tight gas supply to limit generation growth rather than lift prices, keeping the hub average below this level.

If yes

Gas is the bridge fuel for AI load

Expects AI-driven power demand to keep gas as the marginal fuel, pushing wholesale hub prices up toward or past this level.

50%
NoYes

No position, no money. The crowd, the Call and the machines appear after you lock your number.

The case · 5 people · 2 minutes
Gas supply tightness, not non-gas buildout, caps gas's share2 people argue noGas is the bridge fuel for AI load3 people argue yes
Stronger if no · 2 people

Gas supply tightness, not non-gas buildout, caps gas's share

Michael SpykerNov 20

Because official forecasts have understated how much domestic gas demand (especially from data centers) would grow, LNG developers planned export capacity assuming ample surplus gas would remain available; as AI-driven demand materializes…

Stronger if yes · 3 people

Gas is the bridge fuel for AI load

DeepValue CapitalAug 14

AI infrastructure requires significant electricity, which is increasingly powered by natural gas as backup and baseload generation. Major financial institutions and tech companies are financing AI buildout, creating structural demand for natural gas.

What would change the Call
  • The average of the eleven 2027 wholesale electricity hub prices in the EIA's November 2026 Short-Term Energy Outlook, Table 7a.
The Call · Thesis 72 · Gas is the bridge fuel for AI load

The house leans to "Gas is the bridge fuel for AI load".

The dossier · 5 minutes
The machines' reasons

2 models ran this one. Their numbers and reasons appear after you lock yours.

The thesis

Will US electricity generation from natural gas in calendar year 2026 exceed the 2024 level by more than the combined increase from wind, solar, and nuclear over the same period, per EIA Electric Power Monthly?

Gas-fired generation supplies the largest share of incremental US electricity demand through 2026 because turbines can be sited and built faster than any alternative at AI-datacenter timelines.