U.S. natural gas prices are expected to recover into Q3, with forecasts of $3.50 for the third quarter and $3.75 for the fourth. This recovery is supported by rising LNG export flows and increased power demand, despite a forecasted oversupply risk for 2027. Production averaged 107.3 bcf/d in May, down from April, but is expected to grow by 3 bcf/d for the full year.
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