July 17, 2026

Weekly Energy News

Market Update:

Natural gas pulled back Thursday after the EIA storage report matched consensus, removing the bullish catalyst markets needed to hold early gains. The August 2026 NYMEX contract settled at $2.858/MMBtu, down $0.066. Henry Hub spot for July 17 flows was $2.840/MMBtu; the national average settled at $2.520/MMBtu.

August 2026 NYMEX settled Thursday at $2.858/MMBtu

●     High: $2.924

●     Low: $2.803

 Early trading for the prompt month is $2.910:

●     https://www.cmegroup.com/markets/energy/natural-gas/natural-gas.html

NYMEX Natural Gas Futures - Settlements August 2026 Contract:

The key bearish overhang is Freeport LNG's maintenance outage (July 10 through late August), pulling roughly 2 Bcf/day of feedgas demand off the market. Sempra's Energia Costa Azul terminal has also seen near-zero feedgas deliveries for 12 consecutive days due to pipeline gas quality and compressor issues.

On the bullish side, gas-fired power demand averaged ~42 Bcf/day for the week, and FERC approved a 19.2 Bcf expansion at the Leaf River salt dome storage facility in Mississippi. Separately, the first U.S. LNG cargo arrived in China in 17 months — placed into bonded storage for re-export to avoid the 25% tariff, not seen as a policy shift.

EIA Storage Report:

EIA reported a 41 Bcf injection for the week ended July 10, exactly in line with consensus. Total working gas is now 3,024 Bcf — 181 Bcf above the five-year average and 21 Bcf below year-ago. The build was smaller than both the five-year average (45 Bcf) and year-ago (47 Bcf). CERA's model points to a 54 Bcf build for the week ending July 17, well above the 30 Bcf five-year average, as the Freeport outage and stronger Canadian imports loosen the balance.

Weather:

NOAA's 8–14 day outlook (valid July 25–31) favors above-normal temperatures across the South, Southeast, Southwest, and Central U.S. While heat is supporting power demand, the Freeport outage will likely keep weekly injections elevated through mid-August — limiting price upside despite the summer heat signal.

Market Data:

July 17, 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

July 17, 2026

Market Update:

Natural gas pulled back Thursday after the EIA storage report matched consensus, removing the bullish catalyst markets needed to hold early gains. The August 2026 NYMEX contract settled at $2.858/MMBtu, down $0.066. Henry Hub spot for July 17 flows was $2.840/MMBtu; the national average settled at $2.520/MMBtu.

August 2026 NYMEX settled Thursday at $2.858/MMBtu

●     High: $2.924

●     Low: $2.803

 Early trading for the prompt month is $2.910:

●     https://www.cmegroup.com/markets/energy/natural-gas/natural-gas.html

NYMEX Natural Gas Futures - Settlements August 2026 Contract:

The key bearish overhang is Freeport LNG's maintenance outage (July 10 through late August), pulling roughly 2 Bcf/day of feedgas demand off the market. Sempra's Energia Costa Azul terminal has also seen near-zero feedgas deliveries for 12 consecutive days due to pipeline gas quality and compressor issues.

On the bullish side, gas-fired power demand averaged ~42 Bcf/day for the week, and FERC approved a 19.2 Bcf expansion at the Leaf River salt dome storage facility in Mississippi. Separately, the first U.S. LNG cargo arrived in China in 17 months — placed into bonded storage for re-export to avoid the 25% tariff, not seen as a policy shift.

EIA Storage Report:

EIA reported a 41 Bcf injection for the week ended July 10, exactly in line with consensus. Total working gas is now 3,024 Bcf — 181 Bcf above the five-year average and 21 Bcf below year-ago. The build was smaller than both the five-year average (45 Bcf) and year-ago (47 Bcf). CERA's model points to a 54 Bcf build for the week ending July 17, well above the 30 Bcf five-year average, as the Freeport outage and stronger Canadian imports loosen the balance.

Weather:

NOAA's 8–14 day outlook (valid July 25–31) favors above-normal temperatures across the South, Southeast, Southwest, and Central U.S. While heat is supporting power demand, the Freeport outage will likely keep weekly injections elevated through mid-August — limiting price upside despite the summer heat signal.

Market Data:

July 17, 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)

July 17, 2026

Weekly Energy News

Market Update:

Natural gas pulled back Thursday after the EIA storage report matched consensus, removing the bullish catalyst markets needed to hold early gains. The August 2026 NYMEX contract settled at $2.858/MMBtu, down $0.066. Henry Hub spot for July 17 flows was $2.840/MMBtu; the national average settled at $2.520/MMBtu.

August 2026 NYMEX settled Thursday at $2.858/MMBtu

●     High: $2.924

●     Low: $2.803

 Early trading for the prompt month is $2.910:

●     https://www.cmegroup.com/markets/energy/natural-gas/natural-gas.html

NYMEX Natural Gas Futures - Settlements August 2026 Contract:

The key bearish overhang is Freeport LNG's maintenance outage (July 10 through late August), pulling roughly 2 Bcf/day of feedgas demand off the market. Sempra's Energia Costa Azul terminal has also seen near-zero feedgas deliveries for 12 consecutive days due to pipeline gas quality and compressor issues.

On the bullish side, gas-fired power demand averaged ~42 Bcf/day for the week, and FERC approved a 19.2 Bcf expansion at the Leaf River salt dome storage facility in Mississippi. Separately, the first U.S. LNG cargo arrived in China in 17 months — placed into bonded storage for re-export to avoid the 25% tariff, not seen as a policy shift.

EIA Storage Report:

EIA reported a 41 Bcf injection for the week ended July 10, exactly in line with consensus. Total working gas is now 3,024 Bcf — 181 Bcf above the five-year average and 21 Bcf below year-ago. The build was smaller than both the five-year average (45 Bcf) and year-ago (47 Bcf). CERA's model points to a 54 Bcf build for the week ending July 17, well above the 30 Bcf five-year average, as the Freeport outage and stronger Canadian imports loosen the balance.

Weather:

NOAA's 8–14 day outlook (valid July 25–31) favors above-normal temperatures across the South, Southeast, Southwest, and Central U.S. While heat is supporting power demand, the Freeport outage will likely keep weekly injections elevated through mid-August — limiting price upside despite the summer heat signal.

July 17, 2026

Weekly Energy News

Market Update:

Natural gas pulled back Thursday after the EIA storage report matched consensus, removing the bullish catalyst markets needed to hold early gains. The August 2026 NYMEX contract settled at $2.858/MMBtu, down $0.066. Henry Hub spot for July 17 flows was $2.840/MMBtu; the national average settled at $2.520/MMBtu.

August 2026 NYMEX settled Thursday at $2.858/MMBtu

●     High: $2.924

●     Low: $2.803

 Early trading for the prompt month is $2.910:

●     https://www.cmegroup.com/markets/energy/natural-gas/natural-gas.html

NYMEX Natural Gas Futures - Settlements August 2026 Contract:

The key bearish overhang is Freeport LNG's maintenance outage (July 10 through late August), pulling roughly 2 Bcf/day of feedgas demand off the market. Sempra's Energia Costa Azul terminal has also seen near-zero feedgas deliveries for 12 consecutive days due to pipeline gas quality and compressor issues.

On the bullish side, gas-fired power demand averaged ~42 Bcf/day for the week, and FERC approved a 19.2 Bcf expansion at the Leaf River salt dome storage facility in Mississippi. Separately, the first U.S. LNG cargo arrived in China in 17 months — placed into bonded storage for re-export to avoid the 25% tariff, not seen as a policy shift.

EIA Storage Report:

EIA reported a 41 Bcf injection for the week ended July 10, exactly in line with consensus. Total working gas is now 3,024 Bcf — 181 Bcf above the five-year average and 21 Bcf below year-ago. The build was smaller than both the five-year average (45 Bcf) and year-ago (47 Bcf). CERA's model points to a 54 Bcf build for the week ending July 17, well above the 30 Bcf five-year average, as the Freeport outage and stronger Canadian imports loosen the balance.

Weather:

NOAA's 8–14 day outlook (valid July 25–31) favors above-normal temperatures across the South, Southeast, Southwest, and Central U.S. While heat is supporting power demand, the Freeport outage will likely keep weekly injections elevated through mid-August — limiting price upside despite the summer heat signal.

July 17, 2026

Weekly Energy News

Market Update:

Natural gas pulled back Thursday after the EIA storage report matched consensus, removing the bullish catalyst markets needed to hold early gains. The August 2026 NYMEX contract settled at $2.858/MMBtu, down $0.066. Henry Hub spot for July 17 flows was $2.840/MMBtu; the national average settled at $2.520/MMBtu.

August 2026 NYMEX settled Thursday at $2.858/MMBtu

●     High: $2.924

●     Low: $2.803

 Early trading for the prompt month is $2.910:

●     https://www.cmegroup.com/markets/energy/natural-gas/natural-gas.html

NYMEX Natural Gas Futures - Settlements August 2026 Contract:

The key bearish overhang is Freeport LNG's maintenance outage (July 10 through late August), pulling roughly 2 Bcf/day of feedgas demand off the market. Sempra's Energia Costa Azul terminal has also seen near-zero feedgas deliveries for 12 consecutive days due to pipeline gas quality and compressor issues.

On the bullish side, gas-fired power demand averaged ~42 Bcf/day for the week, and FERC approved a 19.2 Bcf expansion at the Leaf River salt dome storage facility in Mississippi. Separately, the first U.S. LNG cargo arrived in China in 17 months — placed into bonded storage for re-export to avoid the 25% tariff, not seen as a policy shift.

EIA Storage Report:

EIA reported a 41 Bcf injection for the week ended July 10, exactly in line with consensus. Total working gas is now 3,024 Bcf — 181 Bcf above the five-year average and 21 Bcf below year-ago. The build was smaller than both the five-year average (45 Bcf) and year-ago (47 Bcf). CERA's model points to a 54 Bcf build for the week ending July 17, well above the 30 Bcf five-year average, as the Freeport outage and stronger Canadian imports loosen the balance.

Weather:

NOAA's 8–14 day outlook (valid July 25–31) favors above-normal temperatures across the South, Southeast, Southwest, and Central U.S. While heat is supporting power demand, the Freeport outage will likely keep weekly injections elevated through mid-August — limiting price upside despite the summer heat signal.

July 17, 2026

Market Update:

Natural gas pulled back Thursday after the EIA storage report matched consensus, removing the bullish catalyst markets needed to hold early gains. The August 2026 NYMEX contract settled at $2.858/MMBtu, down $0.066. Henry Hub spot for July 17 flows was $2.840/MMBtu; the national average settled at $2.520/MMBtu.

August 2026 NYMEX settled Thursday at $2.858/MMBtu

●     High: $2.924

●     Low: $2.803

 Early trading for the prompt month is $2.910:

●     https://www.cmegroup.com/markets/energy/natural-gas/natural-gas.html

NYMEX Natural Gas Futures - Settlements August 2026 Contract:

The key bearish overhang is Freeport LNG's maintenance outage (July 10 through late August), pulling roughly 2 Bcf/day of feedgas demand off the market. Sempra's Energia Costa Azul terminal has also seen near-zero feedgas deliveries for 12 consecutive days due to pipeline gas quality and compressor issues.

On the bullish side, gas-fired power demand averaged ~42 Bcf/day for the week, and FERC approved a 19.2 Bcf expansion at the Leaf River salt dome storage facility in Mississippi. Separately, the first U.S. LNG cargo arrived in China in 17 months — placed into bonded storage for re-export to avoid the 25% tariff, not seen as a policy shift.

EIA Storage Report:

EIA reported a 41 Bcf injection for the week ended July 10, exactly in line with consensus. Total working gas is now 3,024 Bcf — 181 Bcf above the five-year average and 21 Bcf below year-ago. The build was smaller than both the five-year average (45 Bcf) and year-ago (47 Bcf). CERA's model points to a 54 Bcf build for the week ending July 17, well above the 30 Bcf five-year average, as the Freeport outage and stronger Canadian imports loosen the balance.

Weather:

NOAA's 8–14 day outlook (valid July 25–31) favors above-normal temperatures across the South, Southeast, Southwest, and Central U.S. While heat is supporting power demand, the Freeport outage will likely keep weekly injections elevated through mid-August — limiting price upside despite the summer heat signal.

July 17, 2026

Weekly Energy News

Market Update:

Natural gas pulled back Thursday after the EIA storage report matched consensus, removing the bullish catalyst markets needed to hold early gains. The August 2026 NYMEX contract settled at $2.858/MMBtu, down $0.066. Henry Hub spot for July 17 flows was $2.840/MMBtu; the national average settled at $2.520/MMBtu.

August 2026 NYMEX settled Thursday at $2.858/MMBtu

●     High: $2.924

●     Low: $2.803

 Early trading for the prompt month is $2.910:

●     https://www.cmegroup.com/markets/energy/natural-gas/natural-gas.html

NYMEX Natural Gas Futures - Settlements August 2026 Contract:

The key bearish overhang is Freeport LNG's maintenance outage (July 10 through late August), pulling roughly 2 Bcf/day of feedgas demand off the market. Sempra's Energia Costa Azul terminal has also seen near-zero feedgas deliveries for 12 consecutive days due to pipeline gas quality and compressor issues.

On the bullish side, gas-fired power demand averaged ~42 Bcf/day for the week, and FERC approved a 19.2 Bcf expansion at the Leaf River salt dome storage facility in Mississippi. Separately, the first U.S. LNG cargo arrived in China in 17 months — placed into bonded storage for re-export to avoid the 25% tariff, not seen as a policy shift.

EIA Storage Report:

EIA reported a 41 Bcf injection for the week ended July 10, exactly in line with consensus. Total working gas is now 3,024 Bcf — 181 Bcf above the five-year average and 21 Bcf below year-ago. The build was smaller than both the five-year average (45 Bcf) and year-ago (47 Bcf). CERA's model points to a 54 Bcf build for the week ending July 17, well above the 30 Bcf five-year average, as the Freeport outage and stronger Canadian imports loosen the balance.

Weather:

NOAA's 8–14 day outlook (valid July 25–31) favors above-normal temperatures across the South, Southeast, Southwest, and Central U.S. While heat is supporting power demand, the Freeport outage will likely keep weekly injections elevated through mid-August — limiting price upside despite the summer heat signal.

July 17, 2026

Weekly Energy News

Market Update:

Natural gas pulled back Thursday after the EIA storage report matched consensus, removing the bullish catalyst markets needed to hold early gains. The August 2026 NYMEX contract settled at $2.858/MMBtu, down $0.066. Henry Hub spot for July 17 flows was $2.840/MMBtu; the national average settled at $2.520/MMBtu.

August 2026 NYMEX settled Thursday at $2.858/MMBtu

●     High: $2.924

●     Low: $2.803

 Early trading for the prompt month is $2.910:

●     https://www.cmegroup.com/markets/energy/natural-gas/natural-gas.html

NYMEX Natural Gas Futures - Settlements August 2026 Contract:

The key bearish overhang is Freeport LNG's maintenance outage (July 10 through late August), pulling roughly 2 Bcf/day of feedgas demand off the market. Sempra's Energia Costa Azul terminal has also seen near-zero feedgas deliveries for 12 consecutive days due to pipeline gas quality and compressor issues.

On the bullish side, gas-fired power demand averaged ~42 Bcf/day for the week, and FERC approved a 19.2 Bcf expansion at the Leaf River salt dome storage facility in Mississippi. Separately, the first U.S. LNG cargo arrived in China in 17 months — placed into bonded storage for re-export to avoid the 25% tariff, not seen as a policy shift.

EIA Storage Report:

EIA reported a 41 Bcf injection for the week ended July 10, exactly in line with consensus. Total working gas is now 3,024 Bcf — 181 Bcf above the five-year average and 21 Bcf below year-ago. The build was smaller than both the five-year average (45 Bcf) and year-ago (47 Bcf). CERA's model points to a 54 Bcf build for the week ending July 17, well above the 30 Bcf five-year average, as the Freeport outage and stronger Canadian imports loosen the balance.

Weather:

NOAA's 8–14 day outlook (valid July 25–31) favors above-normal temperatures across the South, Southeast, Southwest, and Central U.S. While heat is supporting power demand, the Freeport outage will likely keep weekly injections elevated through mid-August — limiting price upside despite the summer heat signal.

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