Natural Gas Market Update

The gas market and its participants continue to weather winter storm Fern after another particularly volatile day for prices. On its last day of trading, the NYMEX February 2026 contract…

Dawn spot pricing is definitely now feeling the combined pressure from a few different factors, most notably the high heating demand and restrictions on interruptible storage withdrawals. Exports to the…

While NYMEX natural gas rallied another whopping dollar and a half in the February 2026 contract (settling at $6.80 US/mm, with two days left of trading before the front month…

To everyone closely following gas markets, congratulations on simply getting through this week. In times like these, it’s important to remember that the fundamentals can shift, but the financials often…

Even more volatile NYMEX gas trading today. The February 2026 contract ultimately settled up a relatively modest 17 cents to $5.045 US/mm, but traded as high as $5.65 US/mm and…

Another day of huge gains for NYMEX future pricing, again concentrated in the February 2026 front month contract. February settled up another 97 cents to $4.875 US/mm, and the following…

Gains were to be expected after news of the polar vortex’s arrival in late January, but the actual magnitude was quite shocking. NYMEX natural gas rallied a whopping dollar in…

NYMEX trading is considerably limited today since it’s a federal holiday in the USA (Martin Luther King Day). In our local market though, Dawn spot gas prices rose some over…

Another quiet day to close out the week without change much to report. Temperatures are forecasted to dip below normal in the lower 48 states this weekend before bouncing back…

Quieter day for natural gas… NYMEX future prices this morning were down by about 2% over the next few months (but February 2026 being unchanged), but even after today’s storage…

Yet another day of NYMEX futures tanking… the forward curve settled down another 14 cents US/mm, essentially erasing yesterday’s gains. Last trade for February 2026 is $4 US/mm flat. Mid-January…

Markets were off from yesterday’s highs as traders started taking profits from the latest rally. Temperatures continue colder today, with the lower 48 temperatures falling – 16 Deg F, with…