The Energy Buyer's Guide | 08.18.2025
Natural gas continues to drift lower with summer on the downswing.
- Natural gas futures eased, with the front month settling near $2.90 and summer and winter strips both lower.
- Storage grew by 56 Bcf, trimming the year-on-year deficit to 79 Bcf while maintaining a sizable surplus versus the 5-year average.
- Hotter weather lifted demand across the board, with power generation up nearly 3 Bcf per day and spot prices firmer in every region.
- Forward power prices declined despite stronger real-time loads, as cooler forecasts beyond last week tempered market sentiment.
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