$2 US Natural Gas in 2026? Risks of global-warming patterns prevailing might pressure gas futures to do what's been normal since 2012: revert toward $2. The 2024-25 cold winter supported prices, which appear set for an above-average heating demand season. What hasn't changed is higher prices incentivizing plenty of additional supply -- a common pattern -- along with bottoming near $2 after spikes akin to 4Q. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t73r4ikijh8x {BI COMD} #naturalgas #energy #inflation @BBGIntelligence(Mike McGlone)