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Spot Prices Wrap: Northeast Hubs Maintain Premium Ahead of Weekend Cold Snap

Natural Gas Intelligence · last updated

Physical natural gas pricing fell across North America on Friday amid the gradual spread of milder weather, though still-elevated Northeast pricing reflected bitter cold expected to persist through the weekend.

NGI chart of Northeast regional average daily natural gas prices in $/MMBtu, showing relatively low prices through most of 2025 followed by extreme price spikes during winter 2026.

At A Glance:

  • Cash prices fall sharply
  • Eastern cold snap to rival Fern
  • ‘Soft back half of February’ said likely