# Health of forward gas curve hinges on supply response, US producers say | S&P Global

> US gas producers are taking a cautious approach to adding output in 2025, according to S&P Global. Q1 Henry Hub cash prices averaged $4.16 per MMBtu, up 70% from Q4 2024. The forward curve shows winter 2025-26 prices above $5 per MMBtu.

- Date: 2025-04-01 · published 2025-04-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/25300-health-of-forward-gas-curve-hinges-on-supply-response-us-producers-say-s-and-p
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Producer discipline and firm forward prices support higher gas costs, with LNG feedgas demand rising as a key support.

## Read by commodity

- NATGAS: bullish ▲

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/natural-gas/040125-health-of-forward-gas-curve-hinges-on-supply-response-us-producers-say

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.