Supply and Demand: Robust Output and Firm LNG Exports as Heating Demand Fades

March 4, 2026

U.S. Natural Gas Inventories Continue to Decline As of February 20, U.S. natural gas inventories declined to 2,018 Bcf, positioning stocks slightly below the five-year average of 2,025 Bcf for the same week. The pace of winter withdrawals has continued to narrow the storage cushion relative to historical norms, keeping inventories within the lower half […]

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