# US Natural Gas Prices Dip Amidst Supply Glut | ETF Central

> US natural gas futures fell as storage rose 82 billion cubic feet in the week ending October 4, above expectations. Hurricane Milton reduced power demand in Florida as households lost electricity. Natural gas ETFs lost 7.69% the previous week.

- Date: 2024-10-14 · published 2024-10-14T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/10302-us-natural-gas-prices-dip-amidst-supply-glut-etf-central
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Ample supply combined with weather-related demand losses keeps natural gas prices under pressure. Feed input costs linked to energy are unlikely to move much from this alone.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2020-02-06 | [U.S. Natural Gas Prices Dip To Four-Year Lows](https://feedsoft.ai/events/54773-u-s-natural-gas-prices-dip-to-four-year-lows.md) | +0.1% | -2.4% |
| NATGAS | 2024-10-18 | [USA 'Zombie Summer' Saps Energy Demand and Natural Gas Prices](https://feedsoft.ai/events/10307-usa-zombie-summer-saps-energy-demand-and-natural-gas-prices.md) | +0.0% | +6.9% |
| NATGAS | 2019-12-24 | [Natural Gas Price Prediction – Prices Continue to Fall Despite Flat Supply \| FXEmpire](https://feedsoft.ai/events/7845-natural-gas-price-prediction-prices-continue-to-fall-despite-flat-supply.md) | -2.4% | -11.6% |
| NATGAS | 2016-10-31 | [US natural gas prices caught in the crossfire - Arabs Today](https://feedsoft.ai/events/9181-us-natural-gas-prices-caught-in-the-crossfire-arabs-today.md) | -15.1% | +0.4% |
| NATGAS | 2022-09-23 | [Shoulder season demand doldrums crush US spot natural gas prices](https://feedsoft.ai/events/39766-shoulder-season-demand-doldrums-crush-us-spot-natural-gas-prices.md) | -9.4% | -29.5% |

## Sources

- etfcentral.com: https://www.etfcentral.com/news/us-natural-gas-prices-dip-amidst-supply-glut

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