EIA Natural Gas Storage as of 2/13/26, as reported 2/19/26
*Working gas in storage was 2,070 Bcf as of Friday, February 13, 2026, according to EIA estimates. This represents a net decrease of 144 Bcf from the previous week. Stocks were 59 Bcf less than last year at this time and 123 Bcf below the five-year average of 2,193 Bcf. At 2,070 Bcf, total working gas is within the five-year historical range.
The NYMEX March contract closed at $3.01/MMBtu yesterday, a $0.02/MMBtu decrease from Tuesday’s close. This week, March has averaged $3.08/MMBtu, around $0.13/MMBtu below last week’s average of $3.21/MMBtu. It is trading at $3.02/MMBtu, up $0.008/MMBtu from the previous day’s close. Natural gas prices remain rangebound near the $3.00 level as modest early-March cold additions are offset by steady supply and a softer late-February outlook. The March contract has repeatedly tested the $3 handle, with volatility easing ahead of option and contract expiry next week. L48 production continues to run strong near 109–110 Bcf/d, now roughly 2+ Bcf/d above year-ago levels, reinforcing a well-supplied backdrop despite intermittent weather-driven demand gains. LNG feedgas nominations remain firm near 19.8 Bcf/d, with Corpus Christi advancing Train 5 toward first liquefaction in the coming weeks, while Mexican exports hold near 6.5 Bcf/d and Canadian imports have eased modestly. ResComm demand is expected to lift briefly into the weekend as colder air moves through the East and Midwest, though warmer patterns across parts of the South Central next week may temper sustained gains. Overall, resilient production and only episodic cold risks continue to anchor prices, leaving the market balanced near recent lows as winter winds down.
*Source: U.S. Energy Information Administration (EIA) Weekly Natural Gas Storage Report
Working Gas in Underground Storage, Lower 48
Working Gas in Underground Storage vs. 5-Year Maximum and Minimum
Current Market
