Strong global demand and rising LNG exports are boosting U.S. gas prices, while 2025 emissions policies are driving coal retirements and short-term market volatility.
As heating demand falls in Q2, early heat waves and extreme weather can drive sudden demand spikes and supply disruptions, fueling short-term price volatility.
Delayed projects and seasonal maintenance are tightening supply and raising the risk of regional price spikes during early summer demand.
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