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December US natural gas futures rebounded 3.9 cents on Tuesday to $2.895 per million Btu as US production retreated to 107.7 Bcf/d. Analysts flagged possible producer curtailments in Appalachia and record short-only hedge fund positioning across Henry Hub contracts.
Lower output and a heavily short market raise the risk of a sharp short-covering spike if a cold snap arrives, which would lift gas-fired feed drying costs and related energy inputs.
energyintel.comAuthor Everett Wheeler, Washington Editor Mark DavidsonNov 3, 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.
