# Unseasonable Warmth Pressures Natural Gas ETFs

> Natural gas ETFs fell as natural gas futures dropped to a five-week low on warmer-than-normal Midwest weather. Inverse gas ETFs rose, and forecasts called for above-normal temperatures in the central US into early November and a warm winter outlook.

- Date: 2016-10-24 · published 2016-10-24T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/10118-unseasonable-warmth-pressures-natural-gas-etfs
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Expectations of a warm winter reduce heating demand and weigh on gas prices, which lowers the energy cost component for feed production.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2017-01-03 | [Warm January Outlook Sends Natural Gas ETFs Reeling](https://feedsoft.ai/events/11911-warm-january-outlook-sends-natural-gas-etfs-reeling.md) | -16.0% | -13.2% |
| NATGAS | 2022-02-07 | [Natural Gas ETFs Plunge on Warming Weather, But Russia Is a Wild Card](https://feedsoft.ai/events/8465-natural-gas-etfs-plunge-on-warming-weather-but-russia-is-a-wild-card.md) | -19.2% | -1.2% |
| NATGAS | 2022-10-18 | [With Demand Disappointing, Natural Gas Futures Prices Tumble Further](https://feedsoft.ai/events/12793-with-demand-disappointing-natural-gas-futures-prices-tumble-further.md) | -17.2% | +0.7% |
| 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 | 2024-10-14 | [US Natural Gas Prices Dip Amidst Supply Glut \| ETF Central](https://feedsoft.ai/events/10302-us-natural-gas-prices-dip-amidst-supply-glut-etf-central.md) | -17.8% | -27.1% |

## Sources

- etftrends.com: https://www.etftrends.com/2016/10/unseasonable-warmth-pressures-natural-gas-etfs/

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