The Energy Buyer's Guide | 04.20.2026

Natural gas finds stability as robust LNG exports help keep a floor under the market.

- Natural gas futures were little changed overall last week, with the prompt-month contract confined to a narrow trading range while Winter 2026-27 slipped back below $4.00 per MMBtu.

- A 59-Bcf storage build further expanded inventory surpluses to both year-ago levels and the five-year average during the first full week of April.

- Mild weather is expected to keep near-term demand subdued, limiting both late-season heating load and meaningful early cooling demand into late April.

- Forward power prices moved lower across all major U.S. markets last week, pressured by softer natural gas pricing and muted shoulder-season demand.