US Natgas Prices Fall Toward 4-Month Low

2026-08-17 11:48 By Agna Gabriel 1 min. read

US natural gas prices fell more than 3% to around $2.64 per million British thermal units on Monday, approaching the lowest levels seen in mid-April, weighed down by robust production and comfortable inventory levels.

An EIA report last week showed energy firms injected 36 bcf of gas into storage in the week ended August 7, larger than market expectations of a 31 bcf build and the five-year average increase of 33 bcf.

On top of that, production in the Lower 48 states averaged a record 111.3 bcfd in August so far, up from 110.7 bcfd in July, keeping inventories above their five-year average since March.

Adding to the downward pressure, gas flows to the nine major LNG export facilities eased to 17.1 bcfd so far this month from 17.2 bcfd in July, reducing the volume of gas processed for export and leaving more supply available to the domestic market.

These factors offset support from weather-driven demand, with forecasts calling for hotter-than-normal weather through the end of August.



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US Natgas Prices Fall Toward 4-Month Low
US natural gas prices fell more than 3% to around $2.64 per million British thermal units on Monday, approaching the lowest levels seen in mid-April, weighed down by robust production and comfortable inventory levels. An EIA report last week showed energy firms injected 36 bcf of gas into storage in the week ended August 7, larger than market expectations of a 31 bcf build and the five-year average increase of 33 bcf. On top of that, production in the Lower 48 states averaged a record 111.3 bcfd in August so far, up from 110.7 bcfd in July, keeping inventories above their five-year average since March. Adding to the downward pressure, gas flows to the nine major LNG export facilities eased to 17.1 bcfd so far this month from 17.2 bcfd in July, reducing the volume of gas processed for export and leaving more supply available to the domestic market. These factors offset support from weather-driven demand, with forecasts calling for hotter-than-normal weather through the end of August.
2026-08-17
US Natural Gas Prices Slide
US natural gas prices dropped 3% to around $2.65 per million British thermal units on Monday, hovering near three-month lows, weighed down by robust production and comfortable inventory levels. An EIA report last week showed energy firms injected 36 bcf of gas into storage in the week ended August 7, larger than market expectations of a 31 bcf build and the five-year average increase of 33 bcf. On top of that, production in the Lower 48 states averaged a record 111.3 bcfd in August so far, up from 110.7 bcfd in July, keeping inventories above their five-year average since March. Adding to the downward pressure, gas flows to the nine major LNG export facilities eased to 17.1 bcfd so far this month from 17.2 bcfd in July, reducing the volume of gas processed for export and leaving more supply available to the domestic market. These factors offset support from weather-driven demand, with forecasts calling for hotter-than-normal weather through the end of August.
2026-08-17
US Natgas Prices Fall by Over 2%
US natural gas prices fell more than 2% to around $2.73 per million British thermal units on Thursday, as strong production and ample inventories outweighed continued weather-driven demand. Energy companies added 36 billion cubic feet of gas to storage in the week ended August 7, above market expectations and the five-year average of 33 bcf. Production in the Lower 48 states averaged a record 111.2 bcfd in August, up from 110.7 bcfd in July, helping keep inventories above their five-year average since March. However, hotter-than-normal weather is expected to persist through August 28, supporting electricity demand for air conditioning and limiting the downside for gas prices. Meanwhile, around 490,000 homes and businesses remained without power after severe storms hit the US Midwest. Gas flows to the nine major US LNG export facilities eased to 17.1 bcfd in August, below July’s 17.2 bcfd and June’s monthly record of 17.4 bcfd.
2026-08-13