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Plaquemines, Freeport LNG Feed Gas Surge Powers Natural Gas Futures Higher — MidDay Market Snapshot

Natural Gas Intelligence · last updated

July natural gas futures were rallying through midday trading Friday as feed gas flows to two U.S. LNG terminals paced at all-time highs ahead of pipeline outages that could squeeze Louisiana gas supply.

Line chart showing NGI’s National Average MidDay Alert natural gas prices in $/MMBtu from mid-2024 to mid-2025, with a significant spike above $12.00 in early January 2025 followed by volatility and a gradual decline, stabilizing near $2.00 by June 2025.

Here’s the latest:

  • July Nymex gas futures up 11.8 cents to $3.795/MMBtu as of 2:24 p.m. ET