Why Super El Niño Is a ‘Very Big Deal’ for Natural Gas Traders
A super El Niño event is now deemed 63% likely to develop through the 2026‑27 winter, according to NOAA forecasts. The phenomenon is expected to intensify, delivering warmer Pacific conditions that typically suppress Atlantic hurricane activity. For natural‑gas markets, the combination of higher winter temperatures and a quieter hurricane season could tighten supply-demand balances. Traders are therefore bracing for heightened price volatility as the weather pattern unfolds.
Cash Natural Gas Advances; Waha Ends Four-Month Run Below Zero
U.S. cash natural gas prices rebounded on Monday as the Waha hub in Texas moved back above zero for the first time since Feb. 3, ending a four‑month stretch of sub‑zero pricing. The rally was driven by stronger cooling demand in...
Summer Heat Tightens Natural Gas Market, Widening Storage Gap to Year-Ago Levels
U.S. natural‑gas markets are feeling the heat as cooling‑degree days surged to 66 last week, 34% above the 20‑year average. The Energy Information Administration now expects only a 74 Bcf injection for the week ending June 12, down from 108 Bcf the prior...
‘Perfect Storm’ Drives California Natural Gas Prices to Historic Lows, but Uncertainty Ahead
A surge of natural gas supplies from the western United States combined with record renewable output has driven California’s natural gas spot prices to historic lows, according to NGI senior vice president David Dutch. The glut is amplified by battery...
Technical Ceiling, Iran Agreement Curb Natural Gas Futures
Natural gas futures slipped early Monday as a surge in U.S. production and a softer weather‑driven demand outlook pressured the market. Technical analysis highlighted a support zone near $2.98/MMBtu and resistance around $3.10/MMBtu. Meanwhile, a weekend peace agreement involving Iran...
Despite Soaring Power Demand, Natural Gas Futures Slip for Second Straight Week
Natural gas futures slipped for a second consecutive week even as power demand surged to its highest level of the year. Traders were swayed by a substantial storage build, rising domestic production, and forecasts of milder heat. Global energy uncertainty...
Williams Eyes Early Pipe Service for Southeast Supply Project
Williams announced that sections of its Southeast Supply Enhancement project on the Transco pipeline could enter service earlier than planned, potentially as soon as next year. The accelerated timeline targets the Southbound corridor, where current capacity constraints limit natural gas...
Does the US Natural Gas-Fueled Manufacturing Renaissance Have Staying Power?
U.S. industrial natural‑gas use is projected to hit a series of record highs through 2027, driven by cheap, reliable feedstock that has underpinned a decade of manufacturing expansion. At the same time, supply is keeping pace, with new pipelines and...
Heat Fails to Lift Stagnant Forward Natural Gas Prices as Production Continues Rising
Despite a series of unusually hot days across the United States, forward natural‑gas prices have remained flat, reflecting abundant supply. Production is on track to top 110 billion cubic feet per day, the highest seasonal level in recent years. The West...
Mexico Natural Gas Demand Outruns Forecasts as Power Load Jumps
Mexico’s natural gas consumption is outpacing forecasts as power demand surges, driven by data centers and broader electricity load growth on both sides of the border. Experts at the 12th Mexico Gas Summit said the increase exceeds any existing model....
Storage Surprise Sinks Natural Gas Futures Despite Strong Demand
The U.S. Energy Information Administration reported a 95 billion‑cubic‑foot (Bcf) gas storage injection for the week ending May 29, a build that lagged both year‑over‑year and five‑year averages, prompting natural‑gas futures to rise. Traders then weighed a stronger Permian cash market against...
What Factors Could Send California’s Natural Gas Prices ‘to the Moon?’
California’s natural‑gas market, long dependent on imports from West Texas, the Rockies and Western Canada, saw spot prices plunge to historic lows this spring due to abundant supply and mild weather. However, structural shifts—including the upcoming Mexico Energía Costa Azul LNG export...
Natural Gas Futures Rebound as Power Burn Sizzles, LNG Feedgas Tops 18 Bcf/D
Natural gas futures recovered Wednesday, ending flat after a 19‑cent decline over the prior two sessions. The rebound was driven by a surge in power‑sector consumption, with burn rates topping 43 Bcf/d, and a rise in LNG feedgas volumes to over...
US Inflation Surges on Higher Oil, Natural Gas Prices Amid Iran War Fallout
US inflation jumped to 4.2% in May, driven by higher oil and natural‑gas prices as the Iran‑Israel conflict rattles global energy markets. Natural‑gas futures rose across North America amid a heat wave that boosted electricity demand for cooling. Consumer energy...
Germany Set to Boost LNG Import Capacity as Global Supplies Tighten
Germany’s Deutsche Energy Terminal announced that its fifth floating LNG storage and regasification unit (FSRU) will enter service in September, finalizing a supply‑security drive launched after Russia’s invasion of Ukraine disrupted gas imports. The new vessel expands Germany’s LNG import...
Could Summer Heat Set Up a Natural Gas Winter Squeeze?
July natural‑gas futures rose on forecasts of widespread summer heat, pushing prompt‑month contracts 7.4 cents to $3.214 per MMBtu. Traders also lifted the November‑March winter strip to an average of $3.849/MMBtu, a 3.9‑cent gain from the previous day. The market is...
Western Canadian Natural Gas Prices Firm as LNG Exports Start to Shine
Western Canadian natural gas prices steadied after a brief dip, as LNG export activity lifted AECO C futures to seasonal highs. Prices have oscillated from C$1.00/GJ (~$0.74) in summer 2025 to peaks above C$3.00/GJ (~$2.20) in winter, now stabilizing around C$1.20‑2.00/GJ...
Natural Gas Futures Bounce Back as War Smolders, Summer Demand Takes Shape
Natural gas futures recovered on Wednesday after a three‑day decline, driven by renewed buying amid heightened Iran‑war tensions. Prices had slipped roughly 19 cents over the previous two sessions but steadied as traders balanced sweltering summer heat and rising power demand...
Southeast Natural Gas Prices Soar as Power, LNG Demand Square Off
Southeast natural gas prices surged in early June as a sweltering heat wave boosted electricity demand, widening the Transco Zone 4 basis premium against Henry Hub. Physical gas prices rose at nearly all North American hubs, while futures finished flat after...
Stout Supply Offsets Soaring Power Demand as Natural Gas Market Seeks Direction
Physical natural gas prices climbed across nearly all North American hubs on June 8 as a sweltering heat wave drove electricity demand higher. Power consumption surged past 41 billion cubic feet per day, prompting traders to weigh the demand surge against robust...
Mexico Eyes Private Capital and Fracking to Close Natural Gas Deficit
Mexico is pivoting toward private‑capital‑driven natural‑gas development and hydraulic fracturing to address a growing supply gap. The country currently imports roughly 0.5 billion cubic meters (bcm) of gas annually, a shortfall the government plans to close by boosting domestic output to...
EIA Lifts Natural Gas Price View as Hormuz Disruptions Stretch Into 2027
The U.S. Energy Information Administration lifted its Henry Hub natural‑gas price outlook after a surge in next‑day delivery prices driven by rising heat and electricity demand. While the forecast is higher than a month ago, robust associated‑gas production from the...
Did GCX Just Ease Permian Pain? Waha Natural Gas Prices Say Maybe
Permian Basin spot natural gas prices have risen over the past two weeks, posting rare positive trades. Analysts attribute the rally to the anticipated startup of Kinder Morgan’s Gulf Coast Express (GCX) expansion and unusually hot summer weather in the...
Caliche Advances Natural Gas Storage Buildout as LNG Demand Climbs
Caliche Development Partners III approved a 17‑billion‑cubic‑foot (Bcf) expansion of salt‑cavern storage at its Golden Triangle complex in Beaumont, Texas. The new capacity is designed to meet the accelerating feed‑gas requirements of nearby liquefied natural gas (LNG) export terminals. By...
Renewed Fighting Between Iran, Israel Lifts TTF, JKM as Supply Crunch Deepens
Renewued fighting between Iran and Israel reignited volatility in natural‑gas markets, sending Europe’s TTF benchmark to its highest level in two weeks and lifting Asia’s JKM price. The conflict heightened geopolitical risk, prompting traders to bid up spot LNG contracts...
Resurgent Renewables, Fluctuating Forecasts Send Natural Gas Futures Tumbling
Natural‑gas futures slipped for a second consecutive session as traders weighed a projected Midwest cooldown, a rebound in ERCOT wind output, and robust production from Stout Energy. The anticipated temperature dip reduces heating‑related demand, while rising renewable generation displaces gas‑fired...
Higher Imports, Lower Demand Point to Triple-Digit Storage Injection
Natural gas analyst NGI expects the U.S. Energy Information Administration’s weekly storage report for the week ending June 5 to reveal a 100 billion‑cubic‑foot (Bcf) injection, up 5 Bcf from the prior week. The surge reflects higher LNG imports combined with a dip...
Weekly Natural Gas Spot Prices Power Forward
Natural gas spot prices for weekend delivery edged higher on Friday, with the weekly average increasing by 6.5 cents per MMBtu. Gains were broad‑based, covering most U.S. regions, as warmer temperatures lifted cooling demand. The price rise comes amid continued...
Double E Open Season Extended as Shipper Interest Exceeds Expansion Capacity
Summit Midstream announced that additional long‑term transportation agreements have been signed for its Double E Pipeline, raising contracted capacity to 250 MMcf/d. The open season for new capacity has been extended through June, reflecting stronger than expected shipper demand for Delaware Basin...
Why Are Natural Gas Traders Expecting More New England Price Risk?
Natural‑gas traders are seeing widening basis spreads between key New England hubs and the Henry Hub forward curve, indicating heightened regional price risk. The divergence is driven by growing demand from data centers, higher oil prices that lift fuel‑price risk,...
HEP Takes Full Midship Control, Adds Midcontinent Natural Gas Gathering Lines
Howard Energy Partners (HEP) has acquired the remaining interest in the Midship Pipeline, gaining full ownership of the natural‑gas conduit that links the Anadarko Basin to the Gulf Coast and Southeast markets. The pipeline, which can be expanded to 1.4 billion...
US Natural Gas Exports to Mexico Near Record as ECA Feedgas Builds
US natural gas exports to Mexico are surging toward record levels as June pipeline flows from South Texas climb above 8 billion cubic feet per day. The newly commissioned Energía Costa Azul (ECA) LNG plant is pulling additional Permian gas westward, creating fresh...
Glenfarne Unveils Staggering Alaska LNG Price Tag
Glenfarne Group disclosed that its Alaska LNG project could cost nearly $55 billion, marking the first public estimate since the company assumed control from the state last year. The figure was presented to the Alaska Senate Finance Committee as lawmakers debate...
Prices Respond to South Central Natural Gas Storage Deficit
Natural gas prices shifted on June 6 as a South Central storage deficit pressured the market. The region sits roughly 2.5 billion cubic feet below its seasonal target, prompting price gains at hubs like Panhandle Eastern (+$0.145/MMBtu) and ANR Southwest (+$0.135/MMBtu)....
Do May Power Burn Spikes Hint at Hotter Summer for Natural Gas?
Natural‑gas power burn in the lower 48 approached 40 Bcf/d twice in May, a level usually only seen after June. The spikes coincided with a warmer spring, modest industrial recovery, and limited daytime solar offset. Analysts are debating whether this early...
New England Winter Risk Sends Regional Natural Gas Forward Prices Soaring
July natural‑gas forwards climbed as hotter June forecasts lifted power‑burn expectations, but the biggest jump came in the winter strip, where traders priced in heightened New England supply‑risk. The Algonquin hub posted the steepest gains, while Permian locations recovered from...
Delfin Sanctions First US FLNG Export Project
Delfin LNG has sanctioned the United States' first floating LNG (FLNG) export project, approving a 4.4 Mt/yr vessel that will operate offshore in the Gulf of America. South Korean shipbuilder Samsung Heavy Industries disclosed a contract to build the FLNG unit...
Waha Firms While Natural Gas Futures Weigh Mixed Fundamentals
July NYMEX natural gas futures edged higher, gaining 4.1 cents to settle at $3.208 per MMBtu by midday Wednesday. The rise reflects strengthening cash prices in the Permian Basin, which are offset by analysts’ forecasts that still point to a...
Why Southwest Natural Gas Spot Prices Are Giving Bulls a Little Love
Southwest natural‑gas spot prices in Nevada and Arizona rebounded in late May and early June, reaching the highest levels in two months after a spring‑long slump. The rally was driven by pipeline maintenance that tightened regional supply and by expectations...
What Could Trigger Next Natural Gas Production Growth Cycle?
U.S. natural‑gas spot prices rose in the West while falling in the Gulf Coast and Southeast, reflecting pipeline maintenance and hotter weather. Production hovered between 108 and 110.5 billion cubic feet per day (Bcf/d) in early 2026, with active gas rigs...
Natural Gas Power Burn Hits 13-Week High as Wind Output Stalls
The U.S. Energy Information Administration’s latest report shows natural‑gas‑fired power generation climbing to 175.5 GW, the highest level in 13 weeks. Weak wind output slumped to 39.7 GW, the lowest since October, pulling more gas onto the grid and tightening storage balances....
Global Natural Gas Market Better Prepared to Deal With Latest Supply Shock, IGU Says
The International Gas Union’s latest Wholesale Gas Price Survey shows the global natural‑gas market has become more resilient amid recent supply shocks. Growing LNG flexibility, increased use of benchmark‑linked contracts, and market‑based pricing are reshaping trade dynamics. Europe continues to...
Natural Gas Traders Focus on Forecasts, Not Fighting
July NYMEX natural‑gas futures slipped to $3.147 per MMBtu, down 3.2 cents after opening at a three‑month low of $3.099. Traders emphasized abundant U.S. production and a comfortable supply‑demand balance, keeping prices in negative territory despite mild weather and reduced...
Record Low California Natural Gas Prices Show Supply Overhang, Weaker Demand
The Energy Information Administration reported that California’s average natural‑gas spot price hit a record low during the first five months of 2026. The decline stems from abundant pipeline and storage supplies combined with a drop in in‑state consumption. Storage inventories...
Natural Gas Futures Stall as Middle East Tensions Stoke Global Supply Insecurity
US natural gas futures stalled for a second consecutive day as Middle East tensions rise. Escalating US‑Iran friction and uncertainty over the cease‑fire in the Strait of Hormuz have heightened concerns about LNG shipments. The supply anxiety comes as the...
LNG Canada Expansion Edges Toward FID With Fluor-JGC Work
Canada’s LNG Canada joint venture has cleared a key hurdle for its Phase 2 expansion by authorizing EPC partners Fluor and JGC to start early‑work activities, moving the project closer to a final investment decision. The second phase would double the...
Amigo LNG Advances Toward Buildout, Eyes Permian Natural Gas Exports
Amigo LNG, a Singapore‑based venture, announced it has secured every required permit in the United States and Mexico and plans to begin on‑site work by the end of June 2024. The project envisions a 7.8 million‑tonne‑per‑year liquefied natural gas export terminal...
Whitewater’s Thrasher Lateral to Supply Haynesville Natural Gas to Commonwealth LNG
WhiteWater is extending its Pelican Pipeline with the Thrasher lateral, adding 2.5 billion cubic feet per day of Haynesville gas to feed the newly approved Commonwealth LNG export project. The lateral will connect directly to the terminal, which aims to be...
Global Natural Gas Investments to Hit Highest Point in a Decade, IEA Says
The International Energy Agency reports global natural‑gas investment will reach a ten‑year high, driven primarily by new LNG projects. A $330 billion spending surge is expected this year, even as oil‑related capital expenditures decline. The ongoing Iran‑Israel conflict and the closure...
Natural Gas Futures Waver at Week's Open Despite Strengthening Demand Outlook
Natural gas futures opened the week flat as traders weighed stronger demand against ample supply. Weather‑related heating needs and a rebound in Asian LNG imports are boosting consumption outlooks. U.S. production remains near 109 Bcf/d, while storage inventories sit above the...