Arizona Natural Gas Cash Plunges $4 as West Cools and Heat Shifts East
Key Takeaways
- •Physical natural gas prices fell at most hubs on Friday for delivery through Monday as cooler weather unwound the Desert Southwest's late-week price spike.
- •An eastward-shifting heat dome lifted prices at Louisiana and Southeast hubs, while lingering Eastern heat keeps Southeast pipeline systems running near capacity.
- •Just one day earlier, a Southern California supply shortage warning had sent Arizona cash prices nearly $3 higher.
- •South Central storage has seen heavy draws as sweltering heat and recovering LNG activity pressure demand.
- •Waha prices climbed back to $2 and Transco restored full capacity at its CS 160 compressor station.
Physical natural gas prices fell at most hubs on Friday for delivery through Monday, as cooler weather unwound the Desert Southwest's late-week price spike while the eastward-shifting heat dome lifted Louisiana and Southeast hubs. The reversal illustrates how sharply cash prices can swing when weather-driven demand shifts between regions: just a day earlier, a Southern California supply shortage warning had sent Arizona cash nearly $3 higher. For market watchers, the interplay bears monitoring in the days ahead, as lingering heat in the East keeps Southeast pipeline systems running near capacity while storage in the South Central region has already seen heavy draws amid recovering LNG activity.
At a Glance:
- Southwest cooldown pressures prices
- Waha climbs back to $2
- Transco restores full CS 160 capacity
Reported by Chris Newman for Natural Gas Intelligence (source).
Related coverage from NGI (Aug. 28, 2026):
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Southwest Natural Gas Cash Tops $8 as Southern California Supply Runs Short (Aug. 27, 2026) — Physical natural gas prices climbed at most hubs Thursday as a Southern California supply shortage warning sent Arizona cash nearly $3 higher, while heavy rain took the edge off Gulf Coast premiums.
Related tags: Cash Prices, El Paso S. Mainline/N. Baja, Entropic Analytics, Natural Gas Prices, Northwest Sumas, Opal, SoCal Citygate, Transco Zone 5.
