# Natural Gas’ Fight For $2 Summer Pricing Continues Amid LNG Struggles | Investing.com

> Henry Hub front-month gas has struggled to hold $2/mmBtu through May as LNG export cancellations pile up, with more than 30 cargoes cancelled for June. June spot expired at $1.72, while July settled at $1.89 and August at $1.97. Analysts expect oversupply to persist because weak international LNG prices are signaling continued softness.

- Date: 2020-05-28 · published 2020-05-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/53324-natural-gas-fight-for-2-summer-pricing-continues-amid-lng-struggles-investing
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Persistent cargo cancellations keep US gas prices near multi-year lows, which lowers energy costs for US processors and feed producers. The price move reflects existing trends rather than a new shock.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- investing.com: https://www.investing.com/analysis/natural-gas-fight-for-2-summer-pricing-continues-amid-lng-struggles-200525971

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