US Natgas Prices Fall from 4-Wek High

2026-08-20 15:13 By Agna Gabriel 1 min. read

US natural gas prices slipped to around $2.72 per million British thermal units on Thursday, retreating from a near four-week high as traders balanced expectations for continued hot weather against ample supply.

The latest EIA data showed US utilities added just 16 billion cubic feet of gas to storage last week, below both the 19 bcf increase recorded during the same period last year and the five-year average of 29 bcf.

Despite the smaller-than-usual injection, inventories remain above the seasonal norm, supported by record production and relatively mild weather earlier this year.

Gas output has therefore remained strong enough to keep storage levels comfortable despite sustained summer heat.

Meanwhile, average flows to the nine major US LNG export facilities were steady at 17.2 bcfd in August, slightly below June’s record of 17.4 bcfd.

Looking ahead, forecasts point to predominantly warmer-than-normal conditions through September 3, which could support demand from power generators.



News Stream
US Natgas Prices Fall from 4-Wek High
US natural gas prices slipped to around $2.72 per million British thermal units on Thursday, retreating from a near four-week high as traders balanced expectations for continued hot weather against ample supply. The latest EIA data showed US utilities added just 16 billion cubic feet of gas to storage last week, below both the 19 bcf increase recorded during the same period last year and the five-year average of 29 bcf. Despite the smaller-than-usual injection, inventories remain above the seasonal norm, supported by record production and relatively mild weather earlier this year. Gas output has therefore remained strong enough to keep storage levels comfortable despite sustained summer heat. Meanwhile, average flows to the nine major US LNG export facilities were steady at 17.2 bcfd in August, slightly below June’s record of 17.4 bcfd. Looking ahead, forecasts point to predominantly warmer-than-normal conditions through September 3, which could support demand from power generators.
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