US Natural Gas Prices Rise

2026-09-02 04:00 By Judith Sib-at 1 min. read

US natural gas prices rose to $2.94/MMBtu, reaching their highest level in nearly eight weeks, as hot weather persisted and LNG export activity strengthened.

Forecasts indicate that temperatures will remain mostly above normal across the central US through mid-September, likely keeping demand for gas-fired power generation elevated.

At the same time, average gas flows to the nine major LNG export plants rose to 18.3 bcfd in early September, up from 17.2 bcfd in August, as Cheniere Energy’s Corpus Christi facility and Freeport LNG in Texas returned to full operations following maintenance.

Meanwhile, Tropical Storm Edouard made landfall near the Texas-Louisiana border, although no significant operational disruptions were reported at LNG facilities in the region so far.

On the supply side, production in the Lower 48 states averaged a record 111.5 bcfd in August, up from 110.7 bcfd in July, keeping the market well supplied and limiting the upside for prices.



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US Natural Gas Prices Rise
US natural gas prices rose to $2.94/MMBtu, reaching their highest level in nearly eight weeks, as hot weather persisted and LNG export activity strengthened. Forecasts indicate that temperatures will remain mostly above normal across the central US through mid-September, likely keeping demand for gas-fired power generation elevated. At the same time, average gas flows to the nine major LNG export plants rose to 18.3 bcfd in early September, up from 17.2 bcfd in August, as Cheniere Energy’s Corpus Christi facility and Freeport LNG in Texas returned to full operations following maintenance. Meanwhile, Tropical Storm Edouard made landfall near the Texas-Louisiana border, although no significant operational disruptions were reported at LNG facilities in the region so far. On the supply side, production in the Lower 48 states averaged a record 111.5 bcfd in August, up from 110.7 bcfd in July, keeping the market well supplied and limiting the upside for prices.
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