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U.S. natural gas prices fell 17% to $3.62/million Btu on Feb. 2, 2026, after extreme winter weather caused supply disruptions and price spikes.
U.S. natural gas prices dropped 17% to $3.62 per million Btu on February 2, 2026, reversing a surge caused by extreme winter weather that disrupted production and boosted demand.
Record cold and a major storm led to widespread freeze-offs, straining power grids and spiking prices, but milder forecasts and recovering production eased supply concerns.
While LNG exports slowed and demand remained high in the Northeast, the market stabilized as weather moderated and production rebounded.
The episode highlighted vulnerabilities in energy infrastructure and underscored the role of natural gas in grid reliability, even as global markets showed divergent trends due to regional weather and supply dynamics.
Los precios del gas natural de los Estados Unidos cayeron un 17% a $ 3.62 / millón de Btu el 2 de febrero de 2026, después de que el clima invernal extremo causara interrupciones en el suministro y aumentos de precios.