Actual
2.9304
Daily Change
0.04 1.47%
Monthly
5.37%
Yearly
-1.75%
Q3 Forecast
2.9751
Natural gas - Summary

US natural gas prices climbed above $2.92/MMBtu on Monday, reaching 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.

Natural gas - Stats

Natural gas rose to 2.93 USD/MMBtu on August 31, 2026, up 1.50% from the previous day. Over the past month, Natural gas's price has risen 5.41%, but it is still 1.71% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Natural gas reached an all time high of 15.78 in December of 2005. Natural gas - data, forecasts, historical chart - was last updated on August 31 of 2026.

Natural gas - Forecast

Natural gas rose to 2.93 USD/MMBtu on August 31, 2026, up 1.50% from the previous day. Over the past month, Natural gas's price has risen 5.41%, but it is still 1.71% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas is expected to trade at 2.98 USD/MMBtu by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 3.75 in 12 months time.



Price Day Month Year Date
Crude Oil 86.31 2.360 2.83% 7.43% 33.53% Aug/31
Brent 90.79 2.390 2.71% 8.38% 33.29% Aug/31
Natural gas 2.93 0.0424 1.47% 5.37% -1.75% Aug/31
Gasoline 3.11 0.0602 1.97% 4.84% 55.99% Aug/31
Heating Oil 4.45 0.1616 3.80% 14.72% 92.54% Aug/31
Coal 141.75 2.00 1.43% 8.87% 29.33% Aug/31
EU Gas 70.23 3.25 4.85% 22.13% 119.05% Aug/31
UK Gas 164.82 -3.6700 -2.18% 11.18% 111.77% Aug/28
Ethanol 2.05 0.0300 1.49% 4.59% 4.99% Aug/28
Naphtha 761.83 22.94 3.10% -2.61% 36.24% Aug/31
Propane 0.74 0.02 2.41% 9.03% 3.77% Aug/31
Uranium 89.35 -0.5000 -0.56% 3.18% 16.64% Aug/31
Methanol 2,877.00 -20.00 -0.69% 12.12% 29.25% Aug/31



Related Last Previous Unit Reference
United States API Crude Oil Stock Change 4.20 -0.33 BBL/1Million Aug 2026
United States Crude Oil Stocks Change 0.10 4.41 BBL/1Million Aug 2026
United States Gasoline Stocks Change -2536.00 688.00 Thousand Barrels Aug 2026
United States Natural Gas Stocks Change 15.00 16.00 billion cubic feet Aug 2026

Natural gas
Natural gas is a key global energy commodity and a major component of electricity generation, heating, and industrial activity. Its prices are closely monitored due to their impact on energy costs, economic activity, and seasonal demand patterns. Natural gas futures in the United States are based on delivery at the Henry Hub in Louisiana, a central distribution point connected to an extensive network of interstate and intrastate pipelines supplying gas from major producing regions. Each contract is traded in units of 10,000 million British thermal units (mmBtu). Natural gas accounts for a significant share of U.S. energy consumption, with the United States being the world’s largest producer, followed by Russia. In recent years, the U.S. has also become the leading exporter of liquefied natural gas (LNG), supported by strong global demand and shifting supply dynamics. Natural gas prices displayed on Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments and are intended to provide a general market reference only. These prices do not represent official benchmark prices. The data is supplied by a third party and, while efforts are made to ensure its reliability, Trading Economics does not verify the data and makes no representations or warranties.
Actual Previous Highest Lowest Dates Unit Frequency
2.93 2.89 15.78 -1.00 1990 - 2026 USD/MMBtu Daily

News Stream
US Natgas Prices Rise to Over 5-Week High
US natural gas prices climbed above $2.92/MMBtu on Monday, reaching 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
US Natgas Prices Drop Further
US natural gas prices fell to $2.85/MMBtu on Monday, extending their retreat from a five-week high as traders weighed the prospect of increased supply. Energy Transfer LP’s Hugh Brinson Pipeline in Texas is set to begin service on September 1 and will eventually be able to transport about 2.2 bcfd of natural gas from the Permian Basin to East Texas, which may increase domestic gas supplies in Erath, Louisiana. On top of that, output in the Lower 48 states averaged a record 111.4 bcfd so far in August, up from 110.7 bcfd in July. However, losses were capped by forecasts for warmer weather, with the Commodity Weather Group saying on Friday that above-average temperatures are expected across the eastern two-thirds of the US from September 2-11, keeping cooling demand elevated. Meanwhile, data showed gas demand from LNG export plants improved, as Cheniere Energy’s Corpus Christi facility and Freeport LNG in Texas resumed operations after maintenance.
2026-08-31
US Natgas Prices Hold at 5-Week High
US natural gas prices held around $2.9/MMBtu, the highest level in five weeks, supported by a smaller-than-usual storage injection and forecasts for continued warm weather. EIA data showed that energy firms added 15 Bcf of gas to storage for the week ended August 21, below the 20 Bcf forecast and the 33 Bcf five-year average for the period. Gas prices also gained amid forecasts of record-high temperatures across the Southwest through this weekend, while the Commodity Weather Group said on Thursday that above-average temperatures are expected across nearly the entire US from September 1-10, keeping cooling demand elevated. However, strong domestic production is capping further price gains, with output in the Lower 48 states averaging a record 111.4 bcfd so far in August, up from 110.7 bcfd in July. Meanwhile, average gas flows to the nine major LNG export facilities fell slightly to 17.1 bcfd from 17.2 bcfd in July, although LNG demand is showing signs of recovery.
2026-08-28