# US natural gas prices surge amid supply fears | Gas Processing & LNG

> US natural gas prices rose to their highest level in more than 18 months as storage builds lagged normal patterns despite warm weather. Henry Hub prices for March 2017 were up about 11% since late September, and the futures curve flipped from contango to backwardation.

- Date: 2016-10-19 · published 2016-10-19T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/10117-us-natural-gas-prices-surge-amid-supply-fears-gas-processing-and-lng
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Slower storage builds point to a tighter winter balance, which supports higher gas prices and raises the cost of gas-fired power and energy-intensive feed processing.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2025-07-25 | [US natural Gas prices rebound on storage surprise – ING](https://feedsoft.ai/events/23962-us-natural-gas-prices-rebound-on-storage-surprise-ing.md) | -2.1% | -8.3% |
| NATGAS | 2022-05-24 | [LNG Demand Seen Driving Natural Gas Prices Higher This Summer, FERC Says](https://feedsoft.ai/events/41573-lng-demand-seen-driving-natural-gas-prices-higher-this-summer-ferc-says.md) | -1.7% | -19.4% |
| NATGAS | 2021-07-22 | [EIA: Summer US natural gas prices highest since 2014 \| Oil & Gas Journal](https://feedsoft.ai/events/46255-eia-summer-us-natural-gas-prices-highest-since-2014-oil-and-gas-journal.md) | +3.1% | -2.4% |
| NATGAS | 2021-08-26 | [Natural Gas Futures Prices Surge to Near $4.20 on EIA’s ‘Very Tight’ 29 Bcf Storage Build](https://feedsoft.ai/events/45738-natural-gas-futures-prices-surge-to-near-4-20-on-eia-s-very-tight-29-bcf.md) | +14.4% | +25.1% |
| NATGAS | 2016-11-09 | [US natural gas output set for first decline since 2005 and LNG will add to Henry Hub price rises](https://feedsoft.ai/events/74030-us-natural-gas-output-set-for-first-decline-since-2005-and-lng-will-add-to.md) | +4.6% | +48.7% |

## Sources

- gasprocessingnews.com: https://www.gasprocessingnews.com/news/2016/10/us-natural-gas-prices-surge-amid-supply-fears/

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