Spot gas prices were mostly higher in Friday trading for Saturday–Monday delivery as colder forecasts lifted demand expectations across the eastern United States, while losses persisted at hubs in the West.

Line chart showing NGI’s National Avg. daily natural gas prices from January 2025 through early January 2026, measured in $/MMBtu, with a sharp winter spike above $12/MMBtu early in 2025, prices stabilizing mostly between $2.00/MMBtu and $3.50/MMBtu through spring and summer, and a renewed rise toward $5.50/MMBtu in December before easing into the new year.

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At A Glance:

Northeast prices lead the chargeStorms in Midwest support advanceLosses continue at hubs in West