Natural Gas News – March 26, 2024

By Published On: March 26, 2024Categories: Daily Natural Gas Newsletter

Natural Gas News – March 26, 2024

U.S. Gas Producer Optimistic

Despite multi-year low natural gas prices in the United States, domestic producers continue to be optimistic about the long-term prospects of gas as a fuel, both in America and abroad. The current oversupply in the U.S. natural gas market is set to ease in the coming months as many operators are curtailing production in response to the February price slump, which saw prices tumble to a three-decade low. This month, the spot natural gas prices at the Waha hub in West Texas, in the Permian, have been negative, sinking to as low as – $1.16 per million British thermal units (MMBtu) on March 18, per EIA data. The negative price, meaning producers have to pay for the gas to be moved out of production areas, was due to oversupply, a lack of enough takeaway infrastructure, and ongoing maintenance of the El Paso Natural Gas… For more info go to

Natural Gas News: Prices Capped

U.S. natural gas futures are drifting on Tuesday, impacted by several key factors including weather conditions, storage levels, and changes in LNG export activities. The market is seeing a decrease in demand against a backdrop of increasing supply, leading to notable price fluctuations. At 12:24 GMT, Natural Gas Futures are trading $1.797,
up $0.008 or +0.45%. Current weather forecasts point to a moderate to light demand due to warmer conditions across large parts of the U.S. NatGasWeather’s reports show a mix of rain, snow, and temperatures ranging from the 20s to 70s, reducing the need for heating. Maxar Technologies predicts above-normal temperatures in the southern U.S. from March 30 to April 3, likely reducing heating demand further and keeping natural gas inventories high. There’s a … For more info go to

This article is part of Daily Natural Gas Newsletter


Subscribe to our Daily Feed

Daily articles and insights from the fuel markets and natural gas space.


The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.

Stay on Top of the Fuel Markets

FUELSNews, your daily source of marketing information and insights

Subscribe to our publications and newsletters