economy

January 26, 2026

Natural gas prices hit $6 for first time since 2022 as massive winter storm sweeps U.S.

U.S. natural gas prices surged above $6 for the first time since late 2022 on Monday as a massive winter storm sweeps across the country.

Natural gas prices hit $6 for first time since 2022 as massive winter storm sweeps U.S.

TL;DR

  • Natural gas futures for February delivery rose above $6/MMBtu for the first time since late 2022.
  • Winter Storm Fern is causing widespread heavy snow, ice, and extremely low wind chills across 37 states.
  • Over 822,000 customers are without power.
  • More than 12,500 flights were canceled on Sunday, with more cancellations on Monday.
  • The U.S. Department of Energy issued emergency orders for New England and Texas to prevent blackouts.
  • Extreme cold is blamed for at least seven deaths nationwide.
  • Power outages cost the U.S. an estimated $44 billion annually.

Continue reading the original article

Made withNostr