Natural Gas: Why Future Prices Are $1.28 Higher Than Today's

On August 5, 2026, natural gas cost about $2.69 per unit now but $3.97 for delivery a year out — a $1.28 gap. That premium signals buyers expect tighter supply. The EIA says data centers and coal plant closures will push gas-fired power use to a 2027 record. Storage at 3,084 Bcf means supply is comfortable today.