Natural Gas News – April 7, 2025
Natural Gas News – April 7, 2025
Mansfield Market Assessment
We are seeing a lot of volatility in the gas market again today on the heels of fears of a possible recession. Currently, the market is down $0.05 cents and cash across the country is very strong, as we are seeing Mid-March type weather in early April. Utilities are needing to buy flowing gas as injection season is now upon us. We believe this downturn in the natural gas market is temporary, and do not anticipate prices continuing this downward trend unless recession fears begin materialize. However, should recession fears continue to escalate and materialize we expect production to decline and coal burns to switch back to gas.
Natural Gas Consolidates Below 20-Day Moving Average
U.S. natural gas futures retreated over the past week as bearish supply-demand fundamentals overshadowed structural support from LNG exports and long-term inventory tightness. The market settled Friday near $3.84/MMBtu, posting its largest weekly loss since early March, as warmer weather, a bearish storage report, and trade policy concerns converged to dampen sentiment. Forecasts have turned notably warmer for mid-April, reducing expectations for late-season heating demand. While parts of the Midwest and Northeast may still experience brief cold spells, the broader outlook calls for mild to warm conditions across much of the country. This has left national gas demand in the moderate-to-low range at a time when traders had hoped for a final burst of weather-driven consumption. The lack of … For more info go to https://tinyurl.com/3m58huh9
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