Natural Gas Prices Soar: Will America’s Energy Boom Fuel a New Price Spike in 2026?
U.S. natural-gas futures rose to $3.47/MMBtu on October 1, 2025, up 5% from the previous day and 20% year-on-year. Lower-48 production slipped to 107.4 bcf/d in September, while storage remained 6% above the five-year average. Trading Economics projected prices to reach $4.15/MMBtu within a year. U.S. LNG export capacity is set to grow 36% from 2024 to 2026 as new terminals open.
