EIA Natural Gas Storage as of 3/27/26, as reported 4/2/26
*Working gas in storage was 1,865 Bcf as of Friday, March 27, 2026, according to EIA estimates. This represents a net increase of 36 Bcf from the previous week. Stocks were 96 Bcf higher than last year at this time and 54 Bcf above the five-year average of 1,811 Bcf. At 1,865 Bcf, total working gas is within the five-year historical range.
The NYMEX May contract closed at $2.82/MMBtu yesterday, a $0.06/MMBtu decrease from Tuesday’s close. This week, May has averaged $2.85/MMBtu, around $0.08/MMBtu below last week’s average of $2.93/MMBtu. It is trading at $2.80/MMBtu, down $0.02/MMBtu from the previous day’s close. Natural gas prices are stabilizing near recent lows as modest near-term demand support from a colder forecast is offset by an increasingly loose supply backdrop. L48 production remains strong near 109- 111 Bcf/d, with recent gains in the NE and Permian reinforcing a well-supplied market even as day-to-day variability persists. While a brief cold shot is expected to lift heating demand across the East and MW early next week, broader weather trends remain mixed to warmer, limiting sustained upside in consumption. LNG feedgas nominations remain robust near 20 Bcf/d, despite minor maintenance related reductions at Sabine Pass, while Mexican exports have eased slightly to around 5.7 Bcf/d and Canadian imports have increased as regional demand fluctuates. ResComm demand is showing modest gains on near-term cooling in the NE but remains subdued overall. As the market moves further into the shoulder season, steady supply and mixed demand continue to point to a relatively loose balance.
*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
Current Market