US Natgas Prices Rise after EIA Data in General Energy News 08/05/2026 US natural gas futures climbed more than 2% to $2.79 per MMBtu after the Energy Information Administration reported a smaller than expected storage build. Utilities injected 63 billion cubic feet of gas into storage in the week ended May 1, below forecasts of 74 bcf and lower than both last year’s 104 bcf increase and the five year average of 77 bcf. Production in the Lower 48 states is also trending lower, with output expected to fall to a one week low as weak spot prices have prompted producers including EQT Corporation to scale back supply while waiting for stronger prices. Weather forecasts suggest mostly seasonal conditions through May 22, with cooling demand beginning to exceed heating demand. Meanwhile, gas flows to major US LNG export plants eased from April’s record levels due to routine spring maintenance. Source: Trading Economics 2026-05-08 hellenicshippingnews... tweet Share