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Natural Gas Prices Moderate as Milder Weather Forecasts Soften Demand

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Published: January 12, 2026

Storage Satiation and Production

The natural gas market is currently awash in supply. With domestic production hitting records and storage levels well above seasonal norms, the market is finding little reason to hold onto the winter price premium.

LNG Export Pull

The only major support factor is record LNG feedgas demand. However, the 'LNG wave' is viewed as a long-term stabilizer rather than an immediate driver during a mild winter scenario.