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US natural gas prices are holding around $2.90/MMBtu, near a one-week low, as warmer-than-normal November forecasts limit heating demand. Lower 48 production recovered to about 113.3 bcfd, while LNG feedgas rose to 18.5 bcfd in October.
Storage ended about 1% above the five-year average after a larger-than-expected injection, though it remains 3.8% below year-ago levels.
Mild weather and strong output are pressuring Henry Hub, which lowers feed-plant energy and drying costs in the US. Strong LNG feedgas and tighter year-on-year storage limit how far prices can fall.
todaymarkets.comNov 2, 2026Not enough comparable past events yet for a historical read.
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.
