US Natgas Prices Edge Up
2026-06-18 14:46
By
Agna Gabriel
1 min. read
US natural gas prices rose to $3.16 per MMBtu after the latest EIA report showed a slightly smaller-than-expected increase in storage.
US energy companies added 73 billion cubic feet of gas to inventories in the week ended June 12, below forecasts for a 75 bcf build.
The increase compares with a 97 bcf injection during the same week last year and matches the five-year average for the period.
Total stockpiles climbed to 2.759 trillion cubic feet, around 1% below last year’s level but 5.8% above the five-year average.
The latest build also slowed from the previous week’s 108 bcf increase.
Warmer-than-normal temperatures are expected through July 3, supporting demand from power generators as air conditioning usage rises.
Meanwhile, average gas flows to the nine major US LNG export facilities remained steady at 17.1 bcfd in June, unchanged from May due to ongoing maintenance.
US Lower 48 production has eased slightly, averaging 109.4 bcfd so far in June compared with 109.7 bcfd in May.