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Market Watch: Gas Futures Off 1.2%; Canada Begins LNG Exports

Published 17 hours ago1 minute read

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Published:

Tue, Jul 1, 2025

August gas futures fell to a session low of $3.293 Tuesday morning before recovering to close at $3.415 per million Btu, down a net 4.1¢ on the day. “Natural gas has been under pressure as production seems to be rising, keeping pace with record electricity demand,” Price Futures Group analyst Phil Flynn said. Weather forecasts for mid-July had trended cooler, but updated forecasts issued midday shifted “to being not as bearish and now back to near bullish for this period,” NatGasWeather.com said.

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