Natural Gas Jumps 18% as Arctic Blast Drives Heating Demand and LNG Exports Surge copertina

Natural Gas Jumps 18% as Arctic Blast Drives Heating Demand and LNG Exports Surge

Natural Gas Jumps 18% as Arctic Blast Drives Heating Demand and LNG Exports Surge

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This is your Daily Natural Gas Price Tracker with Vanessa Clark podcast.

Hey friends, welcome to another episode of Daily Natural Gas Price Tracker with Vanessa Clark. Im Vanessa, your go-to guide for all things natural gas prices, and today were diving into the latest buzz on natural gas trading, including that current price everyone is watching.

Right now, natural gas is trading at around 3.66 dollars per million British thermal units, up a whopping 18 percent from yesterday. Trading Economics reports this big jump after prices hit a thirteen-week low of 3.10 dollars last week. Whats driving it? Colder weather forecasts, with Arctic air blasting the East Coast and Midwest starting January 26th through early February. That means higher heating demand and more power needs, as grid operators like PJM and MISO are already alerting utilities to gear up.

Production is still strong, keeping things balanced, but this cold snap could boost LNG exports to Asia too, where demand is picking up. Globally, theres exciting news from the Philippines, where President Marcos announced their first significant natural gas discovery in over a decade at Malampaya East 1, with 98 billion cubic feet estimated, plus valuable condensate. That could stabilize their supply for years.

Looking ahead, analysts like JP Morgan see Henry Hub averaging 3.85 dollars this first quarter, while Enverus predicts 3.80 dollars through winter. If youre trading or investing, watch for bounces between 3.50 and 3.70 dollars, and consider stocks like EQT or Chesapeake when markets reopen they often react big to these swings.

Actionable tip: If youre budgeting for home heating, lock in fixed rates now before this cold pushes prices higher. Stay warm and smart out there.

Thanks for tuning in, friends. Subscribe, share with a buddy, and catch you next time on Daily Natural Gas Price Tracker!

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