Natural Gas Price Today (Dec. 22, 2025, 1:43 p.m. ET): Henry Hub Slips Below $4 as Warm Weather Outlook and Record Output Collide With Strong LNG Demand
U.S. natural gas futures fell nearly 2% to $3.901/MMBtu on Dec. 22 as record production and warmer forecasts pressured prices. Intraday trading saw prices open above $4 before sliding to the high-$3.80s. Average Lower 48 output reached a record 109.9 Bcf/d in December. European gas prices also eased, supported by strong Norwegian supply and LNG arrivals.