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MidDay Snapshot: Henry Hub Cash Tops $28 Ahead of Bone-Chilling Weekend

Natural Gas Intelligence · last updated

Spot natural gas prices for weekend delivery posted eye-watering gains as traders assessed the potential for record-breaking production freeze-offs, widespread power outages and a gargantuan spike in residential heating demand caused by Winter Storm Fern.

Chart of NGI’s Transco Zone 6 non-NY Midday Alert Price showing mostly low and stable natural gas prices through most of 2025, followed by sharp winter volatility and a late-January 2026 price spike approaching $60/MMBtu amid constrained Northeast supply.

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