Geopolitics Alpha

Cost to Build a Natural Gas-Fired Power Plant Surges 66%, BNEF Says

Published . Updated .

ENERGYCost to Build a Natural Gas-FiredPower Plant Surges 66%, BNEF SaysGEOPOLITICS ALPHA

This report is about natural gas and power and utilities.

Directly affected

  • No company is named in this report.

Indirectly affected

  • UNG United States Natural Gas Fund-11.6% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story.

  • XLE Energy Select Sector SPDR+12.1% 30d

    Energy Select Sector SPDR: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story.

  • XLU Utilities Select Sector SPDR+1.8% 30d

    Utilities Select Sector SPDR: it holds power utilities. Linked by “power plant” (power and utilities) in this story.

  • LNG Cheniere Energy+20.1% 30d

    Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.

  • KMI Kinder Morgan+4.2% 7d

    Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.

  • WMB The Williams Companies

    The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.

  • EQT Eqt+4.1% 30d

    Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.

  • NEE NextEra Energy+2.6% 30d

    NextEra Energy (electric services): power demand and prices drive utility earnings. Linked by “power plant” (power and utilities) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
UNGNo price data for this ticker———————
XLE-0.51%-2.20%baseafter closeafter closeafter closeafter close
XLUNo price data for this ticker———————
LNGNo price data for this ticker———————
KMINo price data for this ticker———————
WMBNo price data for this ticker———————
EQTNo price data for this ticker———————
NEENo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Cost to Build a Natural Gas-Fired Power Plant Surges 66%, BNEF Says EnergyNow.com

Source: EnergyNow.com

United States Natural Gas Fund (UNG) compared with energy stocks (XLE) since 1 Nov 2026

CompanyWhenMoveStatus
Select Sector Spdr Tr (XLE)three days earlier-2.20%final price
Select Sector Spdr Tr (XLE)five days earlier-0.51%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Companies in energy around United States Natural Gas Fund (UNG)

Companies mentioned with this story

  • UNG United States Natural Gas Fund

    United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence in the 1 Nov 2026 story “Cost to Build a Natural Gas-Fired Power Plant Surges 66%, BNEF Says.” Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story

  • XLE Select Sector Spdr Tr

    In “Cost to Build a Natural Gas-Fired Power Plant Surges 66%, BNEF Says,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story

  • XLU Select Sector Spdr Tr

    In “Cost to Build a Natural Gas-Fired Power Plant Surges 66%, BNEF Says,” Select Sector Spdr Tr (XLU) is linked, with no stored direction, medium confidence. Reason on file: Utilities Select Sector SPDR: it holds power utilities. Linked by “power plant” (power and utilities) in this story

  • LNG Cheniere Energy

    For “Cost to Build a Natural Gas-Fired Power Plant Surges 66%, BNEF Says,” Cheniere Energy (LNG) is linked, with no stored direction, medium confidence. Reason on file: Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story

  • KMI Kinder Morgan

    In “Cost to Build a Natural Gas-Fired Power Plant Surges 66%, BNEF Says,” Kinder Morgan (KMI) is linked, with no stored direction, medium confidence. Reason on file: Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story

  • WMB Williams Companies

    Williams Companies (WMB) is linked, with no stored direction, medium confidence in the 1 Nov 2026 story “Cost to Build a Natural Gas-Fired Power Plant Surges 66%, BNEF Says.” Reason on file: The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story

  • EQT Eqt

    For “Cost to Build a Natural Gas-Fired Power Plant Surges 66%, BNEF Says,” Eqt (EQT) is linked, with no stored direction, medium confidence. Reason on file: Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story

  • NEE Nextera Energy

    In “Cost to Build a Natural Gas-Fired Power Plant Surges 66%, BNEF Says,” Nextera Energy (NEE) is linked, with no stored direction, medium confidence. Reason on file: NextEra Energy (electric services): power demand and prices drive utility earnings. Linked by “power plant” (power and utilities) in this story

United States Natural Gas Fund (UNG) and the energy link

On 1 Nov 2026, “Cost to Build a Natural Gas-Fired Power Plant Surges 66%, BNEF Says” is the story that connects United States Natural Gas Fund (UNG) to Energy.

United States Natural Gas Fund (UNG) is on the page because United States Natural Gas Fund: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story

Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story

What this energy story puts on the calendar

UNG traded between 8.95 and 11.43 across 20 sessions. The latest close on file is 9.08. XLE traded between 62.06 and 70.15 across 20 sessions. The latest close on file is 70.00. XLU traded between 39.05 and 42.88 across 20 sessions. The latest close on file is 42.56.

What the saved facts support for United States Natural Gas Fund (UNG)

46 out of 100

“Cost to Build a Natural Gas-Fired Power Plant Surges 66%, BNEF Says” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.