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Towering Power Burns Buttress Natural Gas Spot Prices

Natural Gas Intelligence · last updated

Next-day natural gas cash prices forged ahead on average at midweek, underpinned by power generation needs amid the hottest Lower 48 conditions of 2026 so far, particularly in the Northeast.

Line chart tracks NGI's Northeast regional average daily natural gas price from July 2025 through June 2026, highlighting a sharp winter price spike above $120/MMBtu before returning to typical levels.

At a Glance:

  • Heat impresses gas buyers
  • Northeast leads by region
  • Waha shows new weakness