12 January 2023 | Other

U.S. natural gas demand may reach a record low

According to Rystad Energy Vice President Emily McClain, U.S. natural gas demand may reach a record low. A potential fall in demand is driven by mild weather conditions observed in the country. 

McClain added that despite a quite stable market demand for liquid natural gas (LNG), its prices are declining. In this regard, bearish momentum is expected to remain until the cold weather returns. Although the weather is projected to be warm. According to the forecast, temperatures will be significantly higher than average in the near term.

McClain also stated that the restart of Freeport LNG, one of the largest U.S. LNG plants, might be postponed again. This fact increases the negative pressure on the prices. At present, additional volumes of gas circulate in the country’s domestic market, as Freeport LNG is off work.

Company MarketCheese
Period: 25.09.2025 Expectation: 200 pips
Buying natural gas with $3.230 target on seasonal demand and technical pullback
Today at 11:11 AM 40
Period: 22.09.2025 Expectation: 10000 pips
ETHUSD set to rise after descending channel breakout
Today at 10:37 AM 34
Brent sell
Period: 30.11.2025 Expectation: 700 pips
Selling Brent crude with target of $60 per barrel
Today at 10:32 AM 25
Gold sell
Period: 31.10.2025 Expectation: 40000 pips
Selling gold after Fed meeting
Today at 09:11 AM 59
Expectation: 1250 pips
Selling USDJPY with 146.450 target while anticipating BoJ rate decision
Today at 06:40 AM 70
Period: 17.09.2025 Expectation: 500 pips
Buying SPX on 0.5% Fed rate cut
Yesterday at 11:38 AM 213
Go to forecasts