US natural gas futures hit one-week low on bigger stockpile build

Daily Waha prices first averaged below zero in 2019.

They did so 17 times in 2019, six times in 2020, once in 2023, 49 times in 2024, 39 times in 2025, and a record 63 times so far this year.

Waha prices have averaged a negative $1.91 per mmBtu so far in 2026, compared with a positive $1.15 in 2025 and a positive $2.88 over the past five years (2021-2025).