Natural Gas Rises to Near 2-Month High

2026-09-03 14:52 By Andre Joaquim 1 min. read

US natural gas futures rose to above $2.95 per MMBtu in September, the highest in nearly two months, as robust demand domestically was combined with tight supply overseas.

Hot weather across the continental US lifted power-hungry cooling demand early in the month, supporting gas demand for generators.

The developments coincided with surging demand for US LNG in Europe and Asia as the escalation to the war in the Middle East extended the suspension of supply from the region as major economies restock inventories ahead of the winter.

European storage facilities were 65% full, their lowest in the period in 15 years, in a period of added buying competition from Asia as Japan and Korea scrap for their own LNG shipments.

Concurrently, 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.



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Natural Gas Rises to Near 2-Month High
US natural gas futures rose to above $2.95 per MMBtu in September, the highest in nearly two months, as robust demand domestically was combined with tight supply overseas. Hot weather across the continental US lifted power-hungry cooling demand early in the month, supporting gas demand for generators. The developments coincided with surging demand for US LNG in Europe and Asia as the escalation to the war in the Middle East extended the suspension of supply from the region as major economies restock inventories ahead of the winter. European storage facilities were 65% full, their lowest in the period in 15 years, in a period of added buying competition from Asia as Japan and Korea scrap for their own LNG shipments. Concurrently, 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.
2026-09-03
US Natural Gas Prices Rise
US natural gas prices rose to $2.98/MMBtu, reaching their highest level in 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.
2026-09-02
US Natgas Prices Rise to Over 5-Week High
US natural gas prices were near $2.9/MMBtu, around their highest level in more than five weeks as forecasts pointed to another stretch of above-normal temperatures. Hot conditions across parts of the South, East and East Coast are expected to keep air-conditioning demand elevated and support gas consumption from power generators. Weather models suggest warmer-than-usual conditions could persist through mid-September, although one forecast showed a reduction in cooling-degree days, pointing to some moderation in demand. LNG demand also strengthened, with feedgas flows reaching their highest level since late June following the completion of maintenance at Freeport LNG in Texas, bringing the facility back online. However, strong domestic production continued to limit the upside. Average output in the Lower 48 states reached about 111.5 bcfd in August, surpassing July’s record of 110.7 bcfd.
2026-08-31