Weather stayed firmly in the driver’s seat Tuesday, pushing natural gas futures lower for a fifth consecutive session as shrinking heating demand weighed on the February contract.

Line chart showing U.S. natural gas production, consumption and net imports/exports from 2020–2025 in Bcf/d, highlighting steadily rising production, seasonal consumption swings and net exports remaining near zero, compiled by NGI using Wood Mackenzie data.

Expand

At a Glance:

Futures fall 17.3 centsHeating demand wanesStorage expectations rise