Market Highlights:

Natural gas storage

Net injections into storage totaled 30 Bcf for the week ending August 28, compared with the five-year (2021–2025) average net injections of 37 Bcf and last year’s net injections of 50 Bcf during the same week. Working natural gas stocks totaled 3,214 Bcf as of Friday, August 28, 2026, according to EIA estimates. Stocks were 160 Bcf (5%) more than the five-year average and 50 Bcf (2%) lower than last year at this time. The average rate of injections into storage is 8% higher than the five-year average so far in the refill season (April through October). If the rate of injections into storage matched the five-year average of 10.9 Bcf/d for the remainder of the refill season, the total inventory would be 3,913 Bcf on October 31, which is 160 Bcf higher than the five-year average of 3,753 Bcf for that time of year.

Natural gas prices

The Henry Hub price increased $0.07/MMBtu from $2.81/MMBtu last Wednesday to $2.88/MMBtu yesterday. The August average monthly price closed at $2.78/MMBtu, $0.14/MMBtu lower than last year, with no daily prices reported above $3.00/MMBtu. Regional temperatures were above average across much of the central and midwestern United States last week. Total demand increased by 2.5 Bcf/d (2%), led by a 2.0 Bcf/d (12%) increase in LNG feed gas, according to S&P Global Energy, as maintenance outages concluded at several key facilities. Total U.S. natural gas supply also rose by 1.6 Bcf/d (1%), with net Canadian imports increasing by 1.0 Bcf/d (20%) and dry gas increasing by 0.6 Bcf/d (1%).

Liquefied Natural Gas (LNG)

For the week ending September 2: The LNG-carrying capacity of vessels departing U.S. ports was 123 Bcf, up 6 Bcf from the previous week. Thirty-two LNG vessels left U.S. ports, up one vessel from the previous week.

Seven vessels each departed from Plaquemines and Sabine Pass, six from Corpus Christi, four each from Cameron and Freeport, two from Calcasieu Pass, and one each from Cove Point and Elba Island.