Natural Gas Prices Moderating as Mild Weather Forecasts Temper Demand

Weather Sensitivity and Supply

The natural gas market remains highly sensitive to temperature shifts. With US storage levels currently 4% above the five-year average, the absence of an Arctic blast has removed the 'fear premium' from the market, leading to a steady decline from December peaks.

LNG Export Records

Structural demand remains robust as US LNG export facilities run at near-capacity. This high level of international pull is providing a strong baseline for prices, ensuring that even with mild weather, the market finds a floor near the $3.50 mark.