What will Natural Gas (NG) hit Week of September 7 2026?
Record U.S. natural gas production near 111 Bcf per day and inventories above the five-year average continue to anchor Henry Hub prices near $2.94 per MMBtu as of early September 2026, limiting rallies despite strong LNG feedgas flows averaging 18 Bcf per day. Elevated storage, projected to reach a record 3,985 Bcf by late October, reflects supply growth outpacing domestic power-sector demand tied to persistent heat. Traders monitor weekly EIA storage reports and early winter weather forecasts, as a shift to colder temperatures could accelerate draws and support near-term futures. The forward curve remains relatively flat through September, with prompt-month contracts trading below $3 amid ample domestic supply.