The Energy Buyer's Guide | 05.27.2025

Natural gas futures finish flat as the market awaits the onset of summer heat.

- Natural gas futures ended flat at $3.33 per MMBtu after a choppy week, with the market in wait-and-see mode heading into summer

- Storage rose by 120 Bcf to 2,375 Bcf as of May 16—now 90 Bcf above the five-year average as the streak of elevated storage injections continued

- U.S. dry gas production hit a new weekly high at 104.7 Bcf per day, while demand was higher on the week and LNG exports dipped slightly

- Forward power prices softened across most major hubs, though summer premiums remain elevated as the market braces for heat