Natural Gas Prices Drop 10%+ in July — What It Means for Your Bills

U.S. natural gas prices closed at $2.871 on July 23, 2026, down 1.5% that day and over 10% for July. Gas stockpiles are above normal, production is up, and a Texas export terminal was shut for repairs — leaving more gas stranded in the U.S. That oversupply should translate into lower home heating and electricity bills.