Monday, July 6, 2026
The era of cheap U.S. natural gas may be coming to an end- oil and gas 360

The era of cheap U.S. natural gas may be coming to an end

(Oil Price) – U.S. natural gas prices are set to rise through 2035, following a decade of low Henry Hub prices, as the AI data center boom and the expansion of U.S. LNG export infrastructure will underpin strong demand, analysts at Wood Mackenzie say. During the decade to 2025, the benchmark U.S. Henry Hub prices remained in a narrow range of between $2

US natural gas storage capacity rises in 2025, says EIA- oil and gas 360

US natural gas storage capacity rises in 2025, says EIA

(BOE Report) – U.S. underground natural gas storage capacity of the 375 active storage fields in the Lower 48 states increased in 2025, according to an annual report by the U.S. Energy Information Administration (EIA) on Thursday. The EIA uses two metrics to assess storage capacity: demonstrated peak capacity, which rose 0.1%, or 6 billion cubic feet (bcf), in 2025,

Morgan Staney mixed on US natural gas outlook- oil and gas 360

Morgan Stanley mixed on US natural gas outlook

(Investing) – Wall Street analysts are mixed on U.S. natural gas outlook as near-term price weakness is expected to be offset by strong long-term demand growth driven by liquefied natural gas (LNG) exports and rising power needs globally. Natural gas prices have declined sharply in recent months, with benchmark Henry Hub prices down about 28% year-to-date, as a mild end to

US natgas futures soar 89% over five days as freezing wells cut output to two-year low- oil and gas 360

US natgas futures soar 89% over five days as freezing wells cut output to two-year low

(BOE Report) – U.S. natural gas futures soared by a record 89% over five days to a three-year high on Monday after an Arctic blast at the weekend froze oil and gas wells, cutting gas production to a two-year low on Sunday. On Monday, front-month gas futures for February delivery on the New York Mercantile Exchange (NYMEX) rose 64.3 cents,

Soaring U.S. natural gas prices could boost coal power generation- oil and gas 360

Soaring U.S. natural gas prices could boost coal power generation

(Oil Price) – U.S. coal-fired power generation is set to rebound in the winter months as surging natural gas prices prompt utilities to switch from gas to using more coal. U.S. benchmark natural gas prices at Henry Hub have jumped from $4.23 per million British thermal units (MMBtu) at the start of November to nearly $5 per MMBtu by early December. Early on

US natural gas exports to Mexico hit record highs, EIA says- oil and gas 360

US natural gas exports to Mexico hit record highs, EIA says

(BOE Report) – U.S. natural gas pipeline exports to Mexico averaged 7.5 billion cubic feet per day (bcfd) in May 2025, the most of any month on record as Mexico’s demand for natural gas increases, the U.S. Energy Information Administration said on Monday. On an annual basis, U.S. natural gas pipeline exports to Mexico averaged 6.4 bcfd in 2024, a

US natgas end-of-season storage seen at three-year low in October- oil and gas 360

US natgas end-of-season storage seen at three-year low in October

(BOE Report)– U.S. natural gas storage is on track to end the April-October summer injection season at a three-year low of 3.797 trillion cubic feet (tcf) on October 31, 2025, according to analysts’ estimates. That compares with an eight-year high of around 3.938 tcf at the end of the summer injection season in 2024 and a five-year (2020-2024) average of

ADNOC looks to purchase U.S. natural gas fields as part of expansion strategy- oil and gas 360

ADNOC looks to purchase U.S. natural gas fields as part of expansion strategy

(World Oil) – (Bloomberg) – The United Arab Emirates’ biggest oil company is seeking to buy its first natural gas producing fields in the U.S. to deepen its presence in the country, according to people familiar with the matter. Abu Dhabi National Oil Co. wants the deals to complement its recent acquisitions of chemical plants and liquefied natural gas export

U.S. natural gas prices fall on small storage net withdrawal- oil and gas 360

U.S. natural gas prices fall on small storage net withdrawal

(Investing) – U.S. natural gas prices fell Friday, as traders digest a weaker-than-expected storage report as warmer spring conditions approach. At 10:25 ET (15:25 GMT), natural gas prices fell 1.6% to $4.232 per million British thermal units, or MMBtu, after earlier this week climbing to its highest levels since December 2022. This bearish tone stemmed from Thursday’s EIA storage report, which showed a

U.S. enters winter with highest natural gas stocks in eight years- oil and gas 360

U.S. enters winter with highest natural gas stocks in eight years

(Oil Price) – U.S. natural gas inventories are higher than average for this time of the year as America has entered the proper winter heating season with stocks at their highest level since 2016, the Energy Information Administration (EIA) said on Monday. Working natural gas in storage in the Lower 48 states ended the natural gas injection season with 3,922 billion cubic feet

US natgas prices climb 2% to 8-week high as producers cut output for Hurricane Francine- oil and gas 360

US natgas prices climb 2% to 8-week high as producers cut output for Hurricane Francine

BOE Report U.S. natural gas futures climbed about 2% to an eight-week high on Wednesday as oil and gas producers continued to cut output before Hurricane Francine slams into the Louisiana coast later Wednesday. Front-month gas futures for October delivery on the New York Mercantile Exchange rose 4.9 cents, or 2.2%, to $2.281 per million British thermal units (mmBtu) at