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Power & grid · Thesis 73 · settles Sep 8 · 320 days

Will the EIA's September 2027 forecast put 2027 wholesale power prices at 50 dollars per megawatthour or higher?

How it settles

Yes if the EIA's September 2027 Short-Term Energy Outlook shows the eleven listed wholesale electricity hubs averaging 50.00 dollars per megawatthour or more for 2027; no otherwise. 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 September 2027 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 September 8, 2027 (the archive workbook sep27_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 September 2027 workbook in its archive by September 15, 2027, 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

Henry Hub stays under $7 through 2027

No: fast gas plant buildouts incentivize enough drilling and pipeline growth to keep Henry Hub under 7 dollars despite rising demand.

If yes

Gas is the bridge fuel for AI load

Yes: data center gas demand stacking on LNG exports while shale growth slows could push Henry Hub above 7 dollars, lifting power prices.

50%
NoYes

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

The case · 4 people · 2 minutes
Henry Hub stays under $7 through 20272 people argue noGas is the bridge fuel for AI load2 people argue yes
Stronger if no · 2 people

Henry Hub stays under $7 through 2027

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 · 2 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
  • A revised data center load forecast, a different gas price or weather path, or a change in which hubs are counted would change the result.
The Call · Thesis 73 · 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 the Henry Hub front-month natural gas settlement price close above $7.00/MMBtu on any trading day before 2027-12-31?

Combined AI datacenter gas burn, LNG export ramp, and slowing shale supply growth push Henry Hub above $7 at least once, showing the gas bridge is supply-constrained rather than cheap.