US Natural Gas Prices Steady after Steepest One Day Drop since 1995

Weather Model Reversal

Forecasts pointing to much milder temperatures across the US through mid-February have erased the 'Arctic premium' from the market. This shift has occurred just as production rebounds from the recent cold-weather freeze-offs.

LNG Feedgas Records

Despite the price drop, flows to US LNG export plants remain near record highs. This structural demand is critical in preventing a complete price collapse as domestic heating needs diminish.