Javier Blas: West Texas natural gas price hits record low near minus $10 per mBtu

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27.04.2026

Javier Blas: West Texas natural gas price hits record low near minus $10 per mBtu — West Texas gas price plunges negative

Javier Blas, industry influencer, observes a striking divergence in natural gas prices between Europe, Asia, and West Texas. While prices are rising in European and Asian markets, the price of natural gas in West Texas went deeply negative, reaching a record low of nearly minus $10 per million British thermal units (mBtu) over the weekend. Producers in West Texas are now paying to get rid of excess supply.

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Earlier this year, Javier Blas reported that the current energy shock had caused limited impact on U.S. natural gas prices, which remained stable for key industries. Separately, he noted that an OPEC+ output increase would likely be mostly symbolic due to constraints in shipping routes. These earlier observations provide additional context to the latest price swings in regional gas markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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