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Spot Prices Wrap: Holiday Lull, Warmer Forecasts Sink Physical Natural Gas Prices

Natural Gas Intelligence · last updated

Spot natural gas prices slipped nationwide Friday ahead of the Presidents’ Day holiday weekend, with traders booking Saturday–Tuesday supply.

Line chart titled “NGI’s Iroquois Zone 2 Daily Natural Gas Prices” showing spot prices from Feb 2025 to Feb 2026, with a sharp winter spike above $170/MMBtu in January 2026 before retreating toward $20/MMBtu.

At A Glance:

  • National average falls
  • Holiday softens demand
  • Warmer weather pressures