US natural gas futures climbed toward $2.80 per MMBtu after the Energy Information Administration reported a smaller than expected storage build. Utilities injected 63 billion cubic feet of gas into storage in the week ended May 1, below forecasts of 74 bcf and lower than both last year’s 104 bcf increase and the five year average of 77 bcf. Production in the Lower 48 states is also trending lower, with output expected to fall to a one week low as weak spot prices have prompted producers including EQT Corporation to scale back supply while waiting for stronger prices. Weather forecasts suggest mostly seasonal conditions through May 22, with cooling demand beginning to exceed heating demand. Meanwhile, gas flows to major US LNG export plants eased from April’s record levels due to routine spring maintenance.

Natural gas rose to 2.80 USD/MMBtu on May 8, 2026, up 1.27% from the previous day. Over the past month, Natural gas's price has risen 5.03%, but it is still 26.11% 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 May 8 of 2026.

Natural gas rose to 2.80 USD/MMBtu on May 8, 2026, up 1.27% from the previous day. Over the past month, Natural gas's price has risen 5.03%, but it is still 26.11% 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 2.90 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 3.61 in 12 months time.



Price Day Month Year Date
Crude Oil 95.83 1.022 1.08% -2.08% 57.05% May/08
Brent 101.54 1.485 1.48% 5.86% 58.89% May/08
Natural gas 2.80 0.0335 1.21% 4.96% -26.15% May/08
Gasoline 3.48 0.0281 0.81% 16.11% 64.97% May/08
Heating Oil 3.91 0.0889 2.33% -0.80% 88.60% May/08
Coal 132.20 0.15 0.11% -2.44% 34.21% May/07
TTF Gas 43.95 0.39 0.89% -4.82% 27.00% May/08
UK Gas 107.59 0.7225 0.68% -7.85% 30.01% May/08
Ethanol 1.97 -0.0600 -2.96% 0.77% 14.58% May/06
Naphtha 827.24 -70.33 -7.84% -18.13% 56.63% May/06
Propane 0.86 -0.03 -3.53% 10.58% 21.59% May/06
Uranium 86.25 0 0% 0.52% 23.39% May/07
Methanol 3,049.00 -26.00 -0.85% -3.21% 32.39% May/08



Related Last Previous Unit Reference
United States API Crude Oil Stock Change -8.10 -1.79 BBL/1Million May 2026
United States Crude Oil Stocks Change -2.31 -6.23 BBL/1Million May 2026
United States Gasoline Stocks Change -2504.00 -6075.00 Thousand Barrels May 2026
United States Natural Gas Stocks Change 63.00 79.00 billion cubic feet May 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
2.80 2.77 15.78 -1.00 1990 - 2026 USD/MMBtu Daily

News Stream
US Natgas Prices Rise after EIA Data
US natural gas futures climbed toward $2.80 per MMBtu after the Energy Information Administration reported a smaller than expected storage build. Utilities injected 63 billion cubic feet of gas into storage in the week ended May 1, below forecasts of 74 bcf and lower than both last year’s 104 bcf increase and the five year average of 77 bcf. Production in the Lower 48 states is also trending lower, with output expected to fall to a one week low as weak spot prices have prompted producers including EQT Corporation to scale back supply while waiting for stronger prices. Weather forecasts suggest mostly seasonal conditions through May 22, with cooling demand beginning to exceed heating demand. Meanwhile, gas flows to major US LNG export plants eased from April’s record levels due to routine spring maintenance.
2026-05-07
US Natgas Prices Fall on Lower LNG Flows
US natural gas futures fell to $2.72 per MMBtu as supply increased in the domestic market, while exports declined. Pipeline flows to LNG export terminals dropped to the lowest level since late January due to routine spring maintenance, which temporarily reduces export capacity and leaves more gas in the US. Looking ahead, a gradual increase in cooling demand is expected as summer approaches. On the supply side, low prices have encouraged producers to reduce output. Companies such as EQT Corporation have scaled back drilling or temporarily curtailed production to avoid selling at weak prices. Still, storage remains about 7% above the seasonal average.
2026-05-05
US Natgas Prices Hover Near 4-Week Highs
US natural gas futures fell to $2.82 per MMBtu, though they remained near a four-week high, supported by declining output. Production has trended lower in recent months, as major producers such as EQT have scaled back activity in response to weak spot prices. While earlier mild spring weather enabled stronger-than-usual storage injections, the recent drop in production, along with cooler conditions and increased demand, likely narrowed the inventory surplus to around 7% above seasonal norms in the week ended May 1, down from 8% in the previous week. Meanwhile, temperatures are expected to remain broadly near normal through May 19, limiting sharp swings in demand. LNG export flows have also softened, averaging 17.4 bcfd so far in May, compared with April’s record of 18.8 bcfd.
2026-05-05