2026.10.0115:28:41UTC+00US Natgas Prices Fall to 1-Week Low

US natural gas prices fell below $3.00 per MMBtu to a one-week low, pressured by expectations of stronger production and relatively mild weather that could curb both heating and cooling demand. The EIA reported a 64 bcf increase in gas storage for the week ending September 25, in line with market forecasts but below the five-year average injection of 80 bcf.

In September, production in the Lower 48 states averaged a record 113.3 bcfd. However, output slipped to about 110.7 bcfd over the past week after a temporary disruption on TC Energy’s Columbia Gas Transmission system. The force majeure, which curtailed roughly 1.4–1.8 bcfd of flows, was lifted following repairs completed on September 27.

Looking ahead, forecasts point to mostly seasonal temperatures through October 16. At the same time, LNG feedgas demand continued to firm, averaging 17.9 bcfd in September compared with 17.2 bcfd in August.