The latest EIA weekly report shows U.S. working gas inventories at 3,915 Bcf as of October 31 2025, a modest 33 Bcf build yet still 162 Bcf above the five-year average. With strong production and surging LNG exports, the market remains well-supplied — but elevated inventories, warm weather and global flows may keep price upside in check.
The latest EIA data shows U.S. natural gas storage rising 74 Bcf to 3,882 Bcf, keeping inventories above average ahead of winter. Strong LNG exports, a colder weather outlook, and steady production are shaping price momentum as futures hover near $3.90/MMBtu.
Venture Global’s Plaquemines LNG project has secured a federal extension to complete construction, while Commonwealth LNG seeks a four-year deadline shift due to regulatory delays and a historic pause on export approvals. FERC’s handling of these requests signals a pivotal moment for U.S. LNG infrastructure amid shifting global energy demands.
The latest EIA natural gas storage report shows an 80 Bcf build for the week ending October 10, 2025, pushing inventories above the 5-year average and contributing to lower gas prices as warm weather dampens heating demand.
U.S. natural gas storage rose by 80 Bcf for the week ending October 3, 2025, bringing total inventories to 3,641 Bcf—4.5% above the five-year average. Production dipped while LNG exports held steady, setting the stage for winter demand.
