--- title: "Natural gas prices top $3 as heat wave looms" type: "News" locale: "en" url: "https://longbridge.com/en/news/286946260.md" description: "Natural gas prices have surpassed $3/MMBtu due to increased demand from power generators amid forecasts of above-average U.S. temperatures. This price milestone indicates a positive market sentiment following recent gains. Q1 earnings reports for gas producers showed mixed results, with Range Resources performing well while Comstock Resources fell short of expectations." datetime: "2026-05-19T16:43:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286946260.md) - [en](https://longbridge.com/en/news/286946260.md) - [zh-HK](https://longbridge.com/zh-HK/news/286946260.md) --- # Natural gas prices top $3 as heat wave looms Heat-driven demand: Forecasts for above-average U.S. temperatures are boosting expectations for air-conditioning use, lifting natural gas demand from power generators. $3 price milestone: Front-month futures broke above $3/MMBtu, signaling improving market sentiment after weeks of steady gains. Mixed producer results: Q1 earnings for gas producers varied, with Range Resources outperforming while Comstock Resources lagged expectations. ### Related Stocks - [RRC.US](https://longbridge.com/en/quote/RRC.US.md) - [CRK.US](https://longbridge.com/en/quote/CRK.US.md) - [FCG.US](https://longbridge.com/en/quote/FCG.US.md) - [UNL.US](https://longbridge.com/en/quote/UNL.US.md) - [BOIL.US](https://longbridge.com/en/quote/BOIL.US.md) - [UNG.US](https://longbridge.com/en/quote/UNG.US.md) ## Related News & Research - [Forecasts for Hot US Temps Push Nat-Gas Prices Higher](https://longbridge.com/en/news/286810589.md) - [Nat-Gas Prices Climb on Forecasts for Warm US Temps](https://longbridge.com/en/news/286603972.md) - [Seasonal maintenance lifts US natural gas prices to 8-week high](https://longbridge.com/en/news/286980119.md) - [US natgas prices dip ahead of storage report as LNG plant flows slide to 15-week low](https://longbridge.com/en/news/286427244.md) - [Warmer US Temps Boost Air-Conditioning Usage and Nat-Gas Prices](https://longbridge.com/en/news/286306186.md)