NYMEX’s bearish run continues; buyers are happy to see the February 2026 front month contract settling down another 17 cents to end the day at $3.35 US/mm. It’s been quite the strong sell-off the past few weeks (now at a 10-week low). Cash prices at Dawn have dipped too. Again, demand will likely remain quite light throughout this period of mild winter weather, and overall less gas than usual is likely being pulled from storage. Additionally, pipeline operational flows and production should continue as normal with less risk for cold-related interruptions. LNG flows in the US and Canada remain strong. The market remains in a good spot, especially as liquidity has picked back up after the holidays.