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US natural gas futures fell about 4% to an eight-week low on July 10, 2026, with the August contract at $2.888 per mmBtu. Forecasts for less heat over the next two weeks, lower LNG feedgas during Freeport LNG maintenance in Texas, and storage 6.6% above normal all weighed on the market.
Calendar 2027 futures dropped to their lowest since February 2022.
Cooler forecasts cut gas-fired power burn, and reduced LNG feedgas removes a source of demand, so prices are pressured lower. Cheaper gas also lowers the cost of drying and processing for feed ingredients.
energynow.comJul 11, 2026After 104 past bearish weather events, Natural Gas moved a median -7.8% over 5 sessions (22% higher; middle half -14.8% to -0.8%), and -3.3% over 20.
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.
