# U.S. gas prices slump as warm weather persists: Kemp

> US natural gas prices slumped as unusually warm weather across the continental United States cut heating demand just as the heating season began. Hedge fund long positions were concentrated, leaving prices vulnerable to a reversal as those funds exited.

- Date: 2016-10-27 · published 2016-10-27T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/10114-u-s-gas-prices-slump-as-warm-weather-persists-kemp
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Weaker heating demand reduces near-term gas consumption and gas-fired power burn, which pressures Henry Hub prices and the cost of gas-linked energy inputs for feed processors.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2024-10-14 | [Nat-Gas Prices Tumble as US Weather Forecasts Warm](https://feedsoft.ai/events/10301-nat-gas-prices-tumble-as-us-weather-forecasts-warm.md) | -17.8% | -27.1% |
| NATGAS | 2023-11-28 | [Nat-Gas Prices Tumble as Warm U.S. Temps Stifle Heating Demand](https://feedsoft.ai/events/33343-nat-gas-prices-tumble-as-warm-u-s-temps-stifle-heating-demand.md) | -5.3% | -8.7% |
| NATGAS | 2019-11-30 | [Natural Gas Prices Crash On Warm Weather Warnings \| OilPrice.com](https://feedsoft.ai/events/56244-natural-gas-prices-crash-on-warm-weather-warnings-oilprice-com.md) | -2.0% | -10.4% |
| NATGAS | 2025-06-24 | [Nat-Gas Prices Fall on Forecasts for Cooler US Weather](https://feedsoft.ai/events/24407-nat-gas-prices-fall-on-forecasts-for-cooler-us-weather.md) | -6.7% | -5.2% |
| NATGAS | 2026-01-08 | [Natural Gas Forward Prices Slump as Mother Nature Fails to Impress](https://feedsoft.ai/events/8587-natural-gas-forward-prices-slump-as-mother-nature-fails-to-impress.md) | -5.5% | +30.2% |

## Sources

- reuters.com: https://www.reuters.com/article/usa-natgas-kemp-idUKL8N1CX5NO/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.