# Natural Gas Market Indicators – November 12, 2026 - American Gas Association

> The EIA's November 2026 Short-Term Energy Outlook raised its annual US natural gas production forecast by nearly 1 percent and projected end-of-winter storage about 3 percent higher than in October. It also expects an average spot price under $3 per MMBtu in 2027. Record LNG feedgas on November 7 and a short cold spell have lifted prices somewhat in early November.

- Date: 2026-11-12 · published 2026-11-13T03:09:58.033Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/97045-natural-gas-market-indicators-november-12-2026-american-gas-association
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A looser US gas balance and higher storage weigh on gas prices, which affects feed-grain drying and fertilizer costs for buyers. Strong LNG export demand is the main offset.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2020-03-26 | [How coronavirus will alter natural gas markets](https://feedsoft.ai/events/54311-how-coronavirus-will-alter-natural-gas-markets.md) | -5.2% | +6.3% |
| NATGAS | 2020-04-02 | [Feature: Unfettered global natural gas market a sign of the times](https://feedsoft.ai/events/53828-feature-unfettered-global-natural-gas-market-a-sign-of-the-times.md) | +11.2% | +8.8% |
| NATGAS | 2020-03-27 | [The Oil Price Collapse Could Reshape Global Natural Gas Markets \| Georgetown Journal of International Affairs \|
    Georgetown University](https://feedsoft.ai/events/54312-the-oil-price-collapse-could-reshape-global-natural-gas-markets-georgetown.md) | -7.8% | +5.6% |
| NATGAS | 2018-07-12 | [Natural gas: deflating times ahead \| articles \| ING THINK](https://feedsoft.ai/events/64220-natural-gas-deflating-times-ahead-articles-ing-think.md) | -3.5% | +3.9% |
| NATGAS | 2025-02-21 | [Friday’s Insider: Urea and gas prices — market in transition — Fertilizer Daily](https://feedsoft.ai/events/26365-friday-s-insider-urea-and-gas-prices-market-in-transition-fertilizer-daily.md) | -18.8% | -15.1% |

## Sources

- aga.org: https://www.aga.org/research-policy/resource-library/natural-gas-market-indicators-november-12-2026/

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