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$3 Technical Support for March Natural Gas Futures Increasingly Vulnerable

Natural Gas Intelligence · last updated

March natural gas futures have dropped from their winter highs this month, but the $3.00/MMBtu technical support level has held up – so far.

Chart titled “NGI's Daily Henry Hub Natural Gas Price vs Prompt Futures” showing a sharp late-January 2026 spike in NGI’s Daily Henry Hub cash price above $30/MMBtu, far exceeding NYMEX prompt-month futures, which rose more modestly near $7/MMBtu before both retreated into early February.

At A Glance:

  • Futures get support at $3.00
  • Analysts say floor at risk
  • Weather demand dropping