US Natgas Prices Edge Up on Tuesday

2026-09-22 13:54 By Agna Gabriel 1 min. read

US natural gas prices fluctuated between $2.8 and $2.9 per million British thermal units as traders assessed production, storage and weather trends.

Average Lower 48 output reached 113.0 billion cubic feet per day in September, above August’s monthly record of 112.2 bcfd, although daily production was expected to fall to an 11-week low of 109.8 bcfd on Tuesday.

Strong output and mild spring weather kept inventories above the five-year average, but higher summer temperatures increased gas demand for power generation and reduced the surplus.

Analysts estimated storage was 3% above normal for the week ended September 18, down from 3.7% previously.

Weather forecasts now point to mostly normal conditions through October 7.

Meanwhile, average gas flows to the nine major US LNG export plants rose to 18 bcfd in September from 17.2 bcfd in August, despite the temporary shutdown of the 0.8-bcfd Cove Point LNG facility for planned maintenance.



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US Natgas Prices Edge Up on Tuesday
US natural gas prices fluctuated between $2.8 and $2.9 per million British thermal units as traders assessed production, storage and weather trends. Average Lower 48 output reached 113.0 billion cubic feet per day in September, above August’s monthly record of 112.2 bcfd, although daily production was expected to fall to an 11-week low of 109.8 bcfd on Tuesday. Strong output and mild spring weather kept inventories above the five-year average, but higher summer temperatures increased gas demand for power generation and reduced the surplus. Analysts estimated storage was 3% above normal for the week ended September 18, down from 3.7% previously. Weather forecasts now point to mostly normal conditions through October 7. Meanwhile, average gas flows to the nine major US LNG export plants rose to 18 bcfd in September from 17.2 bcfd in August, despite the temporary shutdown of the 0.8-bcfd Cove Point LNG facility for planned maintenance.
2026-09-22
US Natgas Prices Ease
US natural gas prices fell to $2.84/MMBtu as weather forecasts turned cooler. Above-average temperatures are now expected to cover a smaller area of the South and Southeast from September 23 to October 2, potentially curbing gas demand from power generators for air conditioning. Strong production also continued to weigh on the market, with Lower 48 production averaging 113.1 bcfd in September, above August’s record monthly average of 112.2 bcfd. At the same time, average flows to the nine major US LNG export facilities were expected to fall to a three-week low of 17.5 bcfd, primarily due to maintenance at Cameron LNG in Louisiana. Meanwhile, the EIA reported a below-average storage build for the week ended September 11, narrowing the inventory surplus over the five-year average to 118 Bcf from 148 Bcf a week earlier, as late-season heat boosted power-sector demand, helping to limit the downside.
2026-09-18
US Natgas Prices Rise After EIA Data
US natural gas prices rose to $2.90 per million British thermal units after EIA data showed that high temperatures and strong air-conditioning demand limited the amount of gas added to storage last week. Energy firms injected 44 billion cubic feet into storage in the week ended September 11, below the 87 bcf increase a year earlier and the five-year average of 74 bcf. Total inventories reached 3.298 trillion cubic feet, around 3.6% below last year’s level but 3.7% above the five-year average. Meanwhile, forecasts indicate warmer-than-normal weather could persist through October 2, supporting gas demand from power generators. Average flows to the nine major US LNG export facilities were expected to fall to a three-week low of 17.5 bcfd due mainly to maintenance at Cameron LNG in Louisiana. On the supply side, Lower 48 production averaged 113.1 bcfd in September, above August’s record monthly average of 112.2 bcfd.
2026-09-17