# In Huge Turnaround, Natural Gas Prices Have Doubled Since June |  Texas Standard

> U.S. natural gas prices have roughly doubled since a June low of about $1.50 per mmBtu, the lowest in 25 years. The rebound reflects a shift from pandemic-era oversupply to rising LNG export demand. Analysts expected winter prices to hold well above current levels.

- Date: 2020-10-12 · published 2020-10-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7679-in-huge-turnaround-natural-gas-prices-have-doubled-since-june-texas-standard
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

The recovery in gas prices shows LNG export demand has reversed the earlier glut, raising the cost of gas-based energy and inputs for feed producers.

## Read by commodity

- NATGAS: bullish ▲

## Sources

- texasstandard.org: https://texasstandard.org/stories/in-huge-turnaround-lng-prices-have-doubled-since-june/

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