Spring Sell-Off: US Natural Gas Futures Slide 5% to $2.85

Warmer Weather Forecasts and Rising Stockpiles Trigger Sharp Drop as Winter Demand Ends

US natural gas futures plummeted more than 5% on Monday, March 30, 2026, settling near $2.85 per MMBtu. While global energy markets remain on edge due to the ongoing conflict in West Asia, domestic gas prices in the U.S. are decoupling from the global surge, driven primarily by seasonal weather shifts and robust local supply. The drop marks a significant reversal from the $3.00 levels seen last week, as the market transitions into the "shoulder season"—the period of low demand between winter heating and summer cooling.

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