Natural Gas Price Today: Henry Hub Near $3 as U.S. Output Rises and Waha Stays Negative
U.S. natural gas struggled on Tuesday, with Henry Hub trading around $3.03 per million British thermal units in early afternoon action. The contract slipped after Monday’s drop, weighed down by higher production and weaker demand outlooks. Henry Hub serves as the key U.S. gas benchmark. This matters right now with the market drifting into the spring shoulder season—heating use tapers off and utilities turn to restocking. That’s been a brake on U.S. gas, keeping it in check even as Brent has climbed past $100 on Strait of Hormuz tensions and global LNG markets have been shaken.