Actual
2.7330
Daily Change
0.01 0.22%
Monthly
-6.53%
Yearly
-6.28%
Q3 Forecast
2.8238
Natural gas - Summary

US natural gas prices fluctuated around $2.75-2.80 per million British thermal units as investors weighed hotter weather forecasts and rising LNG demand against strong supply levels. Forecasts now point to significantly hotter conditions across the central and southern US, which could boost electricity demand as consumers increase air-conditioning use and raise gas consumption by power generators. Also, flows to US LNG export terminals on the Gulf Coast climbed to their highest level in more than a month as some facilities appeared to complete seasonal maintenance, reducing gas available to the domestic market. However, elevated inventories continue to limit the upside, with storage 6.6% above the five-year average for the week ending August 7. Strong production and additional supply from West Texas pipelines coming online are also expected to keep the market well supplied.

Natural gas - Stats

Natural gas rose to 2.73 USD/MMBtu on August 14, 2026, up 0.22% from the previous day. Over the past month, Natural gas's price has fallen 6.53%, and is down 6.28% compared to the same time last year, 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 16 of 2026.

Natural gas - Forecast

Natural gas rose to 2.73 USD/MMBtu on August 14, 2026, up 0.22% from the previous day. Over the past month, Natural gas's price has fallen 6.53%, and is down 6.28% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas is expected to trade at 2.82 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 3.52 in 12 months time.



Price Day Month Year Date
Crude Oil 82.40 1.150 1.42% 3.52% 32.95% Aug/14
Brent 88.52 1.450 1.67% 4.20% 34.43% Aug/14
Natural gas 2.73 0.0060 0.22% -6.53% -6.28% Aug/14
Gasoline 3.18 0.0561 1.79% -3.54% 53.15% Aug/14
Heating Oil 4.28 0.0323 0.76% 8.47% 92.49% Aug/14
Coal 129.25 -0.15 -0.12% 0.39% 16.60% Aug/14
EU Gas 61.43 1.03 1.70% 12.69% 97.95% Aug/14
UK Gas 151.23 2.7500 1.85% 14.59% 96.48% Aug/15
Ethanol 2.02 0.0400 2.03% 4.81% 14.49% Aug/14
Naphtha 741.72 14.87 2.05% 2.77% 34.23% Aug/14
Propane 0.71 0.003 0.35% -5.59% 5.93% Aug/14
Uranium 87.45 0.2000 0.23% 2.58% 19.79% Aug/14
Methanol 2,705.00 69.00 2.62% 2.38% 16.80% Aug/14



Related Last Previous Unit Reference
United States API Crude Oil Stock Change 9.07 2.69 BBL/1Million Aug 2026
United States Crude Oil Stocks Change 17.42 2.48 BBL/1Million Aug 2026
United States Gasoline Stocks Change -968.00 -1643.00 Thousand Barrels Aug 2026
United States Natural Gas Stocks Change 36.00 33.00 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
2.73 2.73 15.78 -1.00 1990 - 2026 USD/MMBtu Daily

News Stream
US Natgas Prices Fall by Over 2%
US natural gas prices fell more than 2% to around $2.73 per million British thermal units on Thursday, as strong production and ample inventories outweighed continued weather-driven demand. Energy companies added 36 billion cubic feet of gas to storage in the week ended August 7, above market expectations and the five-year average of 33 bcf. Production in the Lower 48 states averaged a record 111.2 bcfd in August, up from 110.7 bcfd in July, helping keep inventories above their five-year average since March. However, hotter-than-normal weather is expected to persist through August 28, supporting electricity demand for air conditioning and limiting the downside for gas prices. Meanwhile, around 490,000 homes and businesses remained without power after severe storms hit the US Midwest. Gas flows to the nine major US LNG export facilities eased to 17.1 bcfd in August, below July’s 17.2 bcfd and June’s monthly record of 17.4 bcfd.
2026-08-13
Natural Gas Market Balances Heat and Strong Supply
US natural gas prices fluctuated around $2.75-2.80 per million British thermal units as investors weighed hotter weather forecasts and rising LNG demand against strong supply levels. Forecasts now point to significantly hotter conditions across the central and southern US, which could boost electricity demand as consumers increase air-conditioning use and raise gas consumption by power generators. Also, flows to US LNG export terminals on the Gulf Coast climbed to their highest level in more than a month as some facilities appeared to complete seasonal maintenance, reducing gas available to the domestic market. However, elevated inventories continue to limit the upside, with storage 6.6% above the five-year average for the week ending August 7. Strong production and additional supply from West Texas pipelines coming online are also expected to keep the market well supplied.
2026-08-11
US Natgas Prices Rise on Strong LNG Demand
US natural gas prices rose above $2.7 per MMBtu, supported by stronger demand from liquefied natural gas (LNG) export facilities. Daily flows to the nine major US LNG export plants were on track to reach a one-month high of 17.9 bcfd. Also, average feedgas demand stood at 17.2 bcfd in July, just below June’s monthly record of 17.4 bcfd. Meanwhile, natural gas production in the Lower 48 states averaged a record 111.2 bcfd in August, up from 110.7 bcfd in July. Strong output and relatively mild weather earlier this year have kept inventories above the five-year average since March. Analysts expect the storage surplus to narrow slightly to 6.6% above normal for the week ending August 7. However, forecasts point to continued above-normal temperatures through August 25, which should sustain gas demand from power generators as air-conditioning use remains elevated.
2026-08-10