US Natgas Prices Rise on Monday

2026-09-14 12:08 By Agna Gabriel 1 min. read

US natural gas prices rose to $2.9 per million British thermal units, supported by lower domestic production and stronger LNG exports.

Average gas output across the Lower 48 states fell to a two-week low of 111.7 bcfd on Friday, while flows to the nine major US LNG export facilities climbed to a 20-week high of 18.8 bcfd.

Although record production and mild spring weather have kept inventories above the five-year average since March, hotter temperatures are now beginning to narrow the surplus.

Analysts estimate that storage was around 3.6% above normal in the week ending September 11, down from 4.8% a week earlier.

Looking ahead, forecasts indicate that temperatures will remain mostly above normal through September 26, although conditions are expected to be less extreme than previously projected.

The warmer weather should keep power generators relying more heavily on natural gas to meet increased air-conditioning demand, providing further support for prices.



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