Reporting from The Center Square
(The Center Square) – Widespread extreme cold is expected to restrict the production of natural gas in the U.S. in the coming days, with supply disruptions likely in key shale basins that could cut average daily output by about 10%, industry analysts say.The price of benchmark natural gas futures at Henry Hub in Louisiana for deliveries in mid-February soared this week, rising 59% on Friday afternoon, the biggest weekly increase since 1990.The spike is expected to cause bill increases for residential consumers in some states, but the timing and degree of the impact will vary depending on the utility. Entergy customers in Louisiana, for example, will likely see fuel adjustment charges on their bills in two months, reflecting higher wholesale prices for gas during an upcoming winter storm.Analysts expect large withdrawals of natural gas from storage in the weeks ahead. The U.S. Department of Energy estimated U.S. inventories of natural gas in underground storage at 3,065 billion cubic feet on Jan. 16, 141 billion cubic feet higher than last year and 6.1% above the five-year average of 2,888 billion cubic feet for this time of year. “This deep freeze is hurting production, especially
By Alton Wallace | The Center Square, Reporting from The Center Square
Published Jan 23, 2026, 2:01 PM ET
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