US natural gas prices held around $3.01 per MMBtu on Friday after sliding more than 6% in the previous session to a six-week low, amid the prospect of lower gas flows to LNG export facilities as well as data pointing to ample domestic supply. Freeport LNG said that maintenance work at its pre-treatment and liquefaction facilities would begin on July 10 and continue through late August, temporarily reducing feedgas demand. In addition, the EIA reported that energy firms injected 61 Bcf of natural gas into storage for the week ended July 3, widening the inventory surplus over the five-year average to 185 Bcf from 175 Bcf a week earlier. Meanwhile, forecasts for above-normal temperatures through July 23 are expected to keep gas demand from power generators elevated. On the supply side, gas output in the Lower 48 states fell to 109.7 bcfd so far in July, from 110.0 bcfd in June and was below the record monthly high of 110.6 bcfd reached in December 2025.

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