Natural Gas Jan ’26 Futures Surge Above $5 as Cold Snap, LNG Exports and Coal Switching Drive Three‑Year High
In the first week of December 2025, January 2026 Henry Hub natural gas futures (NGF26) punched decisively through the psychologically important $5.00/MMBtu level, closing around $5.29 on Friday, 5 December, while the front‑month continuous contract touched roughly $5.34 — the