# US Natural Gas Supply Growth to Outpace Demand This Winter, NGSA Says

> The NGSA projects US dry gas output averaging 112.5 bcf/d this winter, up about 2.5 bcf/d year on year, with demand growing 1.6 bcf/d. Storage is expected to start the heating season near 3.85 Tcf, and Henry Hub winter forwards are priced at $3.43/MMBtu versus $4.51 last winter.

- Date: 2026-10-31 · published 2026-11-01T06:09:05.999Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/4152-us-natural-gas-supply-growth-to-outpace-demand-this-winter-ngsa-says
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Ample supply growth outpacing demand points to lower US winter gas prices, which reduces feed-grain and energy input cost pressure.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2025-07-22 | [Global natural gas demand growth set to accelerate in 2026 as more LNG supply comes to market - IEA](https://feedsoft.ai/events/23961-global-natural-gas-demand-growth-set-to-accelerate-in-2026-as-more-lng-supply.md) | -10.5% | -14.3% |
| NATGAS | 2026-01-23 | [Growth in global demand for natural gas is set to accelerate in 2026 as LNG wave spreads through markets - IEA](https://feedsoft.ai/events/21226-growth-in-global-demand-for-natural-gas-is-set-to-accelerate-in-2026-as-lng.md) | -2.8% | -52.5% |
| NATGAS | 2022-01-11 | [U.S. natgas output to rise, demand to ease in 2022 -EIA \| Reuters](https://feedsoft.ai/events/43322-u-s-natgas-output-to-rise-demand-to-ease-in-2022-eia-reuters.md) | +7.2% | +3.8% |
| NATGAS | 2020-04-16 | [Natural Gas Contango Swells As Summer/Winter Trades Get Crowded \| Investing.com NG](https://feedsoft.ai/events/12200-natural-gas-contango-swells-as-summer-winter-trades-get-crowded-investing-com-ng.md) | +17.1% | -3.1% |
| NATGAS | 2020-09-01 | [U.S. liquefied natural gas exports remain at low levels this summer](https://feedsoft.ai/events/51819-u-s-liquefied-natural-gas-exports-remain-at-low-levels-this-summer.md) | -3.4% | -14.2% |

## Sources

- energynow.com: https://energynow.com/2026/10/us-natural-gas-supply-growth-to-outpace-demand-this-winter-ngsa-says/

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