『Chilly Outlook: Natural Gas Prices Take a Winter Tumble』のカバーアート

Chilly Outlook: Natural Gas Prices Take a Winter Tumble

Chilly Outlook: Natural Gas Prices Take a Winter Tumble

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This is your Daily Natural Gas Price Tracker with Vanessa Clark podcast.

Welcome back to the Daily Natural Gas Price Tracker, I am Vanessa Clark, here to walk you through what is happening in the natural gas market right now

Let us start with today’s headline number
Front month Nymex natural gas for January delivery settled at about three dollars and eighty nine cents per million British thermal units, according to Dow Jones Market Data and Morningstar That is a drop of a little over three percent on the day, and it caps off four straight sessions of losses Natural gas is now down roughly twenty percent so far this month, but still up solidly compared with earlier in the year

Trading Economics reports that the broader benchmark price is hovering around three dollars and eighty five cents per million British thermal units, down about eleven percent over the past month but still more than sixteen percent higher than a year ago So if you feel like prices have been sliding lately, you are right, but they are still well above last summer’s lows

So why are natural gas prices falling right now The big driver is weather Forecasts across much of the United States are calling for above normal temperatures heading into the Christmas period, which means lower demand for heating That softer demand gives buyers the upper hand and pushes the natural gas price down

At the same time, production remains very strong LSEG data, cited by Trading Economics, shows output from the Lower forty eight states running near record highs, close to one hundred ten billion cubic feet per day Storage is also comfortable The latest storage report from the Energy Information Administration showed a withdrawal of one hundred seventy seven billion cubic feet, the first big pull of the season, but inventories are still right around their five year average

So you have this combination of warm weather, record production, and healthy storage That is a recipe for weaker natural gas prices in the short term, even though longer term forecasts from the Energy Information Administration still see average Henry Hub prices in the mid three dollar range for twenty twenty five and a bit higher for twenty twenty six

What does this mean for you If you are a homeowner or small business watching natural gas bills, this kind of price environment can be a good opportunity to talk to your supplier about locking in a fixed rate for part of your usage If you are an investor or trader, it is a reminder that natural gas is still heavily driven by weather and storage, so keeping an eye on weekly storage reports and updated temperature forecasts is critical

For search friendly terms, here is what we covered today
Current natural gas price
Nymex natural gas price today
Why are natural gas prices down
Natural gas forecast for winter
Natural gas storage and production trends

That is it for today’s Daily Natural Gas Price Tracker with me, Vanessa Clark Thanks for listening, be sure to subscribe, share this with a friend who follows energy prices, and tune in next time for your latest natural gas market update

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