Chat with us, powered by LiveChat

August 21, 2026

Weekly Energy News

Market Update: Natural gas markets retreated Thursday as the summer’s smallest storage build failed to hold Wednesday’s weather-driven gains. NYMEX September futures settled near $2.73/MMBtu — pulling back from the near four-week high of $2.875 reached August 19 — as the national average cash price held at $2.540/MMBtu for August 21 deliveries.

A five-hour power outage briefly disrupted feedgas flows at Freeport LNG Train 3 before recovering to 2.2 Bcf/d; the facility’s maintenance turnaround remains on track for completion this month. EBW Analytics flagged potential further softening as cooling demand fades and U.S. gas output — averaging ~110.7 Bcf/d in August — continues to grow.

Storage Report: For the week ending August 14, 2026, the EIA reported a 16 Bcf injection — the summer’s smallest build, just 1 Bcf above the Platts consensus — bringing total working gas to 3,169 Bcf. The five-year surplus retreated to 185 Bcf (6.2%) as the year-ago deficit widened to 28 Bcf. South Central salt dome draws of 18 Bcf, driven by persistent heat, offset gains in the East (+15 Bcf) and Midwest (+19 Bcf). S&P Global Energy’s Gaslytics model projects an 18 Bcf build for the week ending August 21.

Weather: The NOAA 6–10 day outlook (valid August 25–29) favors above-normal temperatures across the West, Southern Plains, and Southeast — with 80%+ probability signals across the Southwest and south-central U.S. — while near-normal conditions hold for the Northeast. The persistent ridge supports elevated gas-fired power demand through month’s end, though the 185 Bcf five-year surplus remains a ceiling on any meaningful price recovery.

Market Data:

August 21, 2026

Weekly Natural Gas Storage (Values listed in Bcf)
Totals may not equal sum of components because of independent rounding.
CME (Henry Hub) Natural Gas Futures (Values listed in dekatherms) 
https://www.eia.gov/dnav/ng/hist/rngwhhdD.htm
Utility Costs of Gas (Values listed in dekatherms)
Local First of the Month Markets (Values listed in dekatherms)

Weekly Energy News

August 21, 2026

Market Update: Natural gas markets retreated Thursday as the summer’s smallest storage build failed to hold Wednesday’s weather-driven gains. NYMEX September futures settled near $2.73/MMBtu — pulling back from the near four-week high of $2.875 reached August 19 — as the national average cash price held at $2.540/MMBtu for August 21 deliveries.

A five-hour power outage briefly disrupted feedgas flows at Freeport LNG Train 3 before recovering to 2.2 Bcf/d; the facility’s maintenance turnaround remains on track for completion this month. EBW Analytics flagged potential further softening as cooling demand fades and U.S. gas output — averaging ~110.7 Bcf/d in August — continues to grow.

Storage Report: For the week ending August 14, 2026, the EIA reported a 16 Bcf injection — the summer’s smallest build, just 1 Bcf above the Platts consensus — bringing total working gas to 3,169 Bcf. The five-year surplus retreated to 185 Bcf (6.2%) as the year-ago deficit widened to 28 Bcf. South Central salt dome draws of 18 Bcf, driven by persistent heat, offset gains in the East (+15 Bcf) and Midwest (+19 Bcf). S&P Global Energy’s Gaslytics model projects an 18 Bcf build for the week ending August 21.

Weather: The NOAA 6–10 day outlook (valid August 25–29) favors above-normal temperatures across the West, Southern Plains, and Southeast — with 80%+ probability signals across the Southwest and south-central U.S. — while near-normal conditions hold for the Northeast. The persistent ridge supports elevated gas-fired power demand through month’s end, though the 185 Bcf five-year surplus remains a ceiling on any meaningful price recovery.

Market Data:

August 21, 2026

Weekly Natural Gas Storage (Values listed in Bcf)
Totals may not equal sum of components because of independent rounding.
CME (Henry Hub) Natural Gas Futures (Values listed in dekatherms) 
https://www.eia.gov/dnav/ng/hist/rngwhhdD.htm
Utility Costs of Gas (Values listed in dekatherms)
Local First of the Month Markets (Values listed in dekatherms)

August 21, 2026

Weekly Energy News

Market Update: Natural gas markets retreated Thursday as the summer’s smallest storage build failed to hold Wednesday’s weather-driven gains. NYMEX September futures settled near $2.73/MMBtu — pulling back from the near four-week high of $2.875 reached August 19 — as the national average cash price held at $2.540/MMBtu for August 21 deliveries.

A five-hour power outage briefly disrupted feedgas flows at Freeport LNG Train 3 before recovering to 2.2 Bcf/d; the facility’s maintenance turnaround remains on track for completion this month. EBW Analytics flagged potential further softening as cooling demand fades and U.S. gas output — averaging ~110.7 Bcf/d in August — continues to grow.

Storage Report: For the week ending August 14, 2026, the EIA reported a 16 Bcf injection — the summer’s smallest build, just 1 Bcf above the Platts consensus — bringing total working gas to 3,169 Bcf. The five-year surplus retreated to 185 Bcf (6.2%) as the year-ago deficit widened to 28 Bcf. South Central salt dome draws of 18 Bcf, driven by persistent heat, offset gains in the East (+15 Bcf) and Midwest (+19 Bcf). S&P Global Energy’s Gaslytics model projects an 18 Bcf build for the week ending August 21.

Weather: The NOAA 6–10 day outlook (valid August 25–29) favors above-normal temperatures across the West, Southern Plains, and Southeast — with 80%+ probability signals across the Southwest and south-central U.S. — while near-normal conditions hold for the Northeast. The persistent ridge supports elevated gas-fired power demand through month’s end, though the 185 Bcf five-year surplus remains a ceiling on any meaningful price recovery.

August 21, 2026

Weekly Energy News

Market Update: Natural gas markets retreated Thursday as the summer’s smallest storage build failed to hold Wednesday’s weather-driven gains. NYMEX September futures settled near $2.73/MMBtu — pulling back from the near four-week high of $2.875 reached August 19 — as the national average cash price held at $2.540/MMBtu for August 21 deliveries.

A five-hour power outage briefly disrupted feedgas flows at Freeport LNG Train 3 before recovering to 2.2 Bcf/d; the facility’s maintenance turnaround remains on track for completion this month. EBW Analytics flagged potential further softening as cooling demand fades and U.S. gas output — averaging ~110.7 Bcf/d in August — continues to grow.

Storage Report: For the week ending August 14, 2026, the EIA reported a 16 Bcf injection — the summer’s smallest build, just 1 Bcf above the Platts consensus — bringing total working gas to 3,169 Bcf. The five-year surplus retreated to 185 Bcf (6.2%) as the year-ago deficit widened to 28 Bcf. South Central salt dome draws of 18 Bcf, driven by persistent heat, offset gains in the East (+15 Bcf) and Midwest (+19 Bcf). S&P Global Energy’s Gaslytics model projects an 18 Bcf build for the week ending August 21.

Weather: The NOAA 6–10 day outlook (valid August 25–29) favors above-normal temperatures across the West, Southern Plains, and Southeast — with 80%+ probability signals across the Southwest and south-central U.S. — while near-normal conditions hold for the Northeast. The persistent ridge supports elevated gas-fired power demand through month’s end, though the 185 Bcf five-year surplus remains a ceiling on any meaningful price recovery.

August 21, 2026

Weekly Energy News

Market Update: Natural gas markets retreated Thursday as the summer’s smallest storage build failed to hold Wednesday’s weather-driven gains. NYMEX September futures settled near $2.73/MMBtu — pulling back from the near four-week high of $2.875 reached August 19 — as the national average cash price held at $2.540/MMBtu for August 21 deliveries.

A five-hour power outage briefly disrupted feedgas flows at Freeport LNG Train 3 before recovering to 2.2 Bcf/d; the facility’s maintenance turnaround remains on track for completion this month. EBW Analytics flagged potential further softening as cooling demand fades and U.S. gas output — averaging ~110.7 Bcf/d in August — continues to grow.

Storage Report: For the week ending August 14, 2026, the EIA reported a 16 Bcf injection — the summer’s smallest build, just 1 Bcf above the Platts consensus — bringing total working gas to 3,169 Bcf. The five-year surplus retreated to 185 Bcf (6.2%) as the year-ago deficit widened to 28 Bcf. South Central salt dome draws of 18 Bcf, driven by persistent heat, offset gains in the East (+15 Bcf) and Midwest (+19 Bcf). S&P Global Energy’s Gaslytics model projects an 18 Bcf build for the week ending August 21.

Weather: The NOAA 6–10 day outlook (valid August 25–29) favors above-normal temperatures across the West, Southern Plains, and Southeast — with 80%+ probability signals across the Southwest and south-central U.S. — while near-normal conditions hold for the Northeast. The persistent ridge supports elevated gas-fired power demand through month’s end, though the 185 Bcf five-year surplus remains a ceiling on any meaningful price recovery.

August 21, 2026

Market Update: Natural gas markets retreated Thursday as the summer’s smallest storage build failed to hold Wednesday’s weather-driven gains. NYMEX September futures settled near $2.73/MMBtu — pulling back from the near four-week high of $2.875 reached August 19 — as the national average cash price held at $2.540/MMBtu for August 21 deliveries.

A five-hour power outage briefly disrupted feedgas flows at Freeport LNG Train 3 before recovering to 2.2 Bcf/d; the facility’s maintenance turnaround remains on track for completion this month. EBW Analytics flagged potential further softening as cooling demand fades and U.S. gas output — averaging ~110.7 Bcf/d in August — continues to grow.

Storage Report: For the week ending August 14, 2026, the EIA reported a 16 Bcf injection — the summer’s smallest build, just 1 Bcf above the Platts consensus — bringing total working gas to 3,169 Bcf. The five-year surplus retreated to 185 Bcf (6.2%) as the year-ago deficit widened to 28 Bcf. South Central salt dome draws of 18 Bcf, driven by persistent heat, offset gains in the East (+15 Bcf) and Midwest (+19 Bcf). S&P Global Energy’s Gaslytics model projects an 18 Bcf build for the week ending August 21.

Weather: The NOAA 6–10 day outlook (valid August 25–29) favors above-normal temperatures across the West, Southern Plains, and Southeast — with 80%+ probability signals across the Southwest and south-central U.S. — while near-normal conditions hold for the Northeast. The persistent ridge supports elevated gas-fired power demand through month’s end, though the 185 Bcf five-year surplus remains a ceiling on any meaningful price recovery.

August 21, 2026

Weekly Energy News

Market Update: Natural gas markets retreated Thursday as the summer’s smallest storage build failed to hold Wednesday’s weather-driven gains. NYMEX September futures settled near $2.73/MMBtu — pulling back from the near four-week high of $2.875 reached August 19 — as the national average cash price held at $2.540/MMBtu for August 21 deliveries.

A five-hour power outage briefly disrupted feedgas flows at Freeport LNG Train 3 before recovering to 2.2 Bcf/d; the facility’s maintenance turnaround remains on track for completion this month. EBW Analytics flagged potential further softening as cooling demand fades and U.S. gas output — averaging ~110.7 Bcf/d in August — continues to grow.

Storage Report: For the week ending August 14, 2026, the EIA reported a 16 Bcf injection — the summer’s smallest build, just 1 Bcf above the Platts consensus — bringing total working gas to 3,169 Bcf. The five-year surplus retreated to 185 Bcf (6.2%) as the year-ago deficit widened to 28 Bcf. South Central salt dome draws of 18 Bcf, driven by persistent heat, offset gains in the East (+15 Bcf) and Midwest (+19 Bcf). S&P Global Energy’s Gaslytics model projects an 18 Bcf build for the week ending August 21.

Weather: The NOAA 6–10 day outlook (valid August 25–29) favors above-normal temperatures across the West, Southern Plains, and Southeast — with 80%+ probability signals across the Southwest and south-central U.S. — while near-normal conditions hold for the Northeast. The persistent ridge supports elevated gas-fired power demand through month’s end, though the 185 Bcf five-year surplus remains a ceiling on any meaningful price recovery.

August 21, 2026

Weekly Energy News

Market Update: Natural gas markets retreated Thursday as the summer’s smallest storage build failed to hold Wednesday’s weather-driven gains. NYMEX September futures settled near $2.73/MMBtu — pulling back from the near four-week high of $2.875 reached August 19 — as the national average cash price held at $2.540/MMBtu for August 21 deliveries.

A five-hour power outage briefly disrupted feedgas flows at Freeport LNG Train 3 before recovering to 2.2 Bcf/d; the facility’s maintenance turnaround remains on track for completion this month. EBW Analytics flagged potential further softening as cooling demand fades and U.S. gas output — averaging ~110.7 Bcf/d in August — continues to grow.

Storage Report: For the week ending August 14, 2026, the EIA reported a 16 Bcf injection — the summer’s smallest build, just 1 Bcf above the Platts consensus — bringing total working gas to 3,169 Bcf. The five-year surplus retreated to 185 Bcf (6.2%) as the year-ago deficit widened to 28 Bcf. South Central salt dome draws of 18 Bcf, driven by persistent heat, offset gains in the East (+15 Bcf) and Midwest (+19 Bcf). S&P Global Energy’s Gaslytics model projects an 18 Bcf build for the week ending August 21.

Weather: The NOAA 6–10 day outlook (valid August 25–29) favors above-normal temperatures across the West, Southern Plains, and Southeast — with 80%+ probability signals across the Southwest and south-central U.S. — while near-normal conditions hold for the Northeast. The persistent ridge supports elevated gas-fired power demand through month’s end, though the 185 Bcf five-year surplus remains a ceiling on any meaningful price recovery.

Make Your Choice Gas Selection in Three Easy Steps

Click here to access our online tool, or call our Choice gas commodity experts at 1 (877) 790-4990.

Step 1: Enter your account number

  • Your Black Hills Energy account number is located at the top right-hand corner of your bill.

Step 2: Review price options and make your selection

Step 3: Confirm your selection and enter your control number

  • You received a control number in your 2026 Choice Gas selection packet mailed to you from Black Hills Energy. If you cannot locate this, you can retrieve your control number by calling 877-245-3506 or visit choicegas.com

Once enrolled, you will be removed from supplier marketing communications within 24 hours.

Boy adjusting temperature
Learn more about the Residential Choice Gas Program
Learn More About Residential
 Business owner adjusting temperature
Learn more about the Commercial Choice Gas Program
Learn More About Commercial

Sign Up for Our Energy Newsletters

Sign Up