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U.S. Natural Gas Production Nears Pre-Storm Levels After Record Freeze-Offs

Natural Gas Intelligence · last updated

Lower 48 natural gas production has recovered after a historic storm slammed most of the country late last month that set a new record for freeze-offs.

Line chart showing NGI’s national average daily natural gas prices in $/MMBtu from early February 2025 through late January 2026, with prices mostly subdued for much of the year before a sharp spike above $45/MMBtu in late January 2026 followed by a pullback.

At A Glance:

  • Lower 48 production at about 107 Bcf/d
  • Freeze-offs were just 3 Bcf/d over weekend
  • Prices retreat on mixed forecasts

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