Natural Gas Prices Edge Higher as Early Summer Heat Drives Power Burn

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Power Sector Demand

Electricity demand in Texas and Louisiana has hit May records. This domestic cooling demand is proving to be a more immediate price driver than the shifting geopolitical winds in the Middle East.

LNG Export Stability

Feedgas flows to US LNG terminals remain at maximum capacity. US gas remains the primary alternative for European markets as they look to permanently decouple from Middle Eastern pipeline reliance.