US Natgas Prices Rise to 3-Week High

2026-06-25 15:59 By Agna Gabriel 1 min. read

US natural gas prices climbed toward $3.28 per MMBtu, the highest in three weeks, propelled by increased flows to liquefied natural gas export facilities and forecasts for warmer weather through July 10.

This hotter weather is expected to drive up electricity demand for air conditioning in a country where gas-fired plants generate roughly 40% of the power supply.

Average daily flows to major export plants rose to 17.3 billion cubic feet so far in June, up from 17.1 billion cubic feet in May, boosted by record feedgas activity at the Golden Pass facility in Texas.

Simultaneously, the Energy Information Administration reported a near-normal storage injection of 76 billion cubic feet for the week ended June 19.

This addition keeps domestic stockpiles about 5.7% above seasonal norms.

At the same time, production in the Lower 48 states has been steady at 109.7 billion cubic feet per day so far in June, unchanged from the previous month.



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US Natgas Prices Rise to 3-Week High
US natural gas prices climbed toward $3.28 per MMBtu, the highest in three weeks, propelled by increased flows to liquefied natural gas export facilities and forecasts for warmer weather through July 10. This hotter weather is expected to drive up electricity demand for air conditioning in a country where gas-fired plants generate roughly 40% of the power supply. Average daily flows to major export plants rose to 17.3 billion cubic feet so far in June, up from 17.1 billion cubic feet in May, boosted by record feedgas activity at the Golden Pass facility in Texas. Simultaneously, the Energy Information Administration reported a near-normal storage injection of 76 billion cubic feet for the week ended June 19. This addition keeps domestic stockpiles about 5.7% above seasonal norms. At the same time, production in the Lower 48 states has been steady at 109.7 billion cubic feet per day so far in June, unchanged from the previous month.
2026-06-25
US Natgas Prices Advance
US natural gas prices rose more than 2% to around $3.29 per MMBtu as weather forecasts turned hotter, while investors awaited weekly inventory data. Forecasters said above-average temperatures are expected across the mid-Atlantic and Upper Midwest through July 3, lifting gas-for-power demand. Expectations of a smaller-than-average storage build also supported prices, with inventories forecast to increase by 67 bcf for the week ended June 19, below the five-year average gain of 75 bcf for the period. Additional support came from improved LNG export activity, with average gas flows to major US LNG export facilities rising to 17.3 bcfd so far in June from 17.1 bcfd in May, partly driven by record feedgas at the Golden Pass. Moreover, production in the US Lower 48 states fell to 109.5 bcfd so far in June from 109.7 bcfd in May.
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US Natgas Prices Hold Decline
US natural gas prices hovered around $3.15 per MMBtu after falling more than 3% in the previous session, weighed down by abundant stockpiles and cooler weather pointing to softer demand. Weather forecasts indicate below-average temperatures across the Mid-Atlantic region between June 23 and 27, likely curbing air-conditioning-driven power demand. The cooler outlook follows a mild spring that enabled energy companies to build larger-than-usual gas inventories, with stockpiles currently around 5.8% above normal. In addition, recent maintenance-related reductions in gas flows to US LNG export terminals have redirected more supply to the domestic market. This added availability has more than offset a slight dip in production, with output in the Lower 48 states slipping to 109.5 bcfd so far in June from 109.7 bcfd in May.
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