# Why Natural Gas Prices Are Slipping Despite Strong LNG Demand

> Natural gas futures settled at $3.618/mmBtu on Friday, lower for the week after failing to hold an early spike above $4. Warmer-than-normal mid-January forecasts reduced expected heating demand, while a 38 Bcf storage withdrawal came in below expectations. Record LNG feedgas flows and high production limited upside.

- Date: 2026-01-05 · published 2026-01-05T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/7834-why-natural-gas-prices-are-slipping-despite-strong-lng-demand
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Weaker heating demand and a looser storage balance outweigh strong LNG export demand in the near term. Prices stay vulnerable until weather turns colder.

## Read by commodity

- NATGAS: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| NATGAS | 2026-01-06 | 5 | -31.6% | -3.8 | Prices failed to hold an early spike above $4 as mild mid-January forecasts and a bearish storage draw weighed, with high production limiting upside. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2024-10-18 | [USA 'Zombie Summer' Saps Energy Demand and Natural Gas Prices](https://feedsoft.ai/events/10307-usa-zombie-summer-saps-energy-demand-and-natural-gas-prices.md) | +0.0% | +6.9% |
| NATGAS | 2016-10-31 | [Natural Gas Prices Edge Lower as Traders Weigh Storage Volumes, Demand - WSJ](https://feedsoft.ai/events/9174-natural-gas-prices-edge-lower-as-traders-weigh-storage-volumes-demand-wsj.md) | -15.1% | +0.4% |
| NATGAS | 2024-10-16 | [Waning Weather Support Sends Natural Gas Futures Tumbling; Cash Prices Slip with Demand](https://feedsoft.ai/events/10304-waning-weather-support-sends-natural-gas-futures-tumbling-cash-prices-slip-with.md) | -17.1% | -2.9% |
| NATGAS | 2022-10-18 | [With Demand Disappointing, Natural Gas Futures Prices Tumble Further](https://feedsoft.ai/events/12793-with-demand-disappointing-natural-gas-futures-prices-tumble-further.md) | -17.2% | +0.7% |
| NATGAS | 2023-11-06 | [Strong Supplies, Mild Weather Push Global Natural Gas Prices Lower – LNG Recap](https://feedsoft.ai/events/6389-strong-supplies-mild-weather-push-global-natural-gas-prices-lower-lng-recap.md) | -11.7% | -16.2% |

## Sources

- finance.yahoo.com: https://finance.yahoo.com/news/why-natural-gas-prices-slipping-131600710.html

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