Cold Weather Helps Natural Gas Recover from Recent Losses

Natural gas rates are higher after cold weather entered the northern United States unexpectedly.

Written by: Timothy St. John • Monday, April 6, 2026 • 2 min read

• Last updated: Monday, April 6, 2026

LNG rates climb slightly on cold weather snap.

Quick overview

The U.S. natural gas market saw a slight increase of over 1% on Monday due to unexpected cold weather boosting demand.
LNG prices rose to $2.85 per MMBtu, but are still near their lowest levels since August of last year.
Forecasts predict that the cold snap will be short-lived, with warmer temperatures expected to return soon.
Production is anticipated to increase in the coming months, potentially raising inventory levels to average or above.

The U.S. natural gas market can boast of moderate gains Monday morning after a cold weather snap reversed the price trend and pushed LNG to $2.85 per MMBtu.

Icy weather is making LNG rates climb more than 1% today.

Prices in the natural gas market for the U.S. rose a little over 1% on Monday after cold weather hit unexpectedly and increased demand. Much of the United States is temperate, but cold weather in some areas has helped drive the price up marginally at a time when gas prices are ticking down globally.

The United States and Iran are working on a ceasefire that would reopen the Strait of Hormuz as soon as Tuesday, and crude oil slipped about 1% from their recent highs. Investors should keep in mind that the conflict in Iran and global shortages of crude oil and natural gas are not affecting U.S. domestic markets much. However, export demand may rise if global deficiencies continue.

Expect LNG Rates to Drop Soon

The unexpected cold weather is likely to be short-lived and not affect the majority of U.S. households. Weather forecasts are calling for ice and snow across the Midwest and all the way through to New England’s northern region. Dropping temperatures are expected to remain through Saturday of this week and could cause travel disruptions, store closures, and slippery roads. All of that could impact transportation of natural gas, gas production, and heating demand.

LNG rates are still relatively low, very close to their lowest point since August of last year. Warmer weather has spread through much of the United States, and forecasts are calling for rising temperatures to continue in the weeks to come.

The most recent EIA data reported a 36 Bcf injection for the week and a withdrawal average over five years of 4 Bcf. Production is expected to ramp up through the spring and summer, especially with the addition of new production facilities in the region and new production lines to be installed in existing facilities.

That should raise the inventory levels to around average or slightly above and lead to conditions similar to what we saw last year. Through spring, summer and fall months, the inventory levels for LNG remained high and demand was low, creating very low prices for the domestic market amid stagnant conditions and above-average injections.

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ABOUT THE AUTHOR See More

Timothy St. John

Financial Writer - European & US Desks

Timothy St John is a seasoned financial analyst and writer, catering to the dynamic landscapes of the US and European markets. Boasting over a decade of extensive freelance writing experience, he has made significant contributions to reputable platforms such as Yahoo!Finance, business.com: Expert Business Advice, Tips, and Resources - Business.com, and numerous others. Timothy's expertise lies in in-depth research and comprehensive coverage of stock and cryptocurrency movements, coupled with a keen understanding of the economic factors influencing currency dynamics. Timothy majored in English at East Tennessee State University, and you can find him on LinkedIn.