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The American Gas Association reports summer natural gas demand rising on cooling needs and strong LNG feedgas. Henry Hub averaged $3.19/MMBtu through June 24 and the July contract settled at $3.22 after a June 15 US-Iran memorandum eased supply risk.
Stable Henry Hub prices with firm demand point to moderate domestic energy costs for feed processors. The easing of Hormuz risk reduces the chance of a global energy shock.
aga.orgAmerican Gas AssociationJul 1, 2026After 37 past neutral macro events, Natural Gas moved a median -0.1% over 5 sessions (49% higher; middle half -4.2% to +12.9%), and -1.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
