# USA 'Zombie Summer' Saps Energy Demand and Natural Gas Prices

> Bloomberg reports the US faces weeks of abnormally warm weather through late October, with temperatures in the 70s F or higher across much of the country. Commodity Weather Group expects energy demand to drop to record lows for two weeks. Natural gas futures have already fallen on expectations of weaker heating demand.

- Date: 2024-10-18 · published 2024-10-18T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/10307-usa-zombie-summer-saps-energy-demand-and-natural-gas-prices
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Expected record-low heating demand weighs on natural gas prices. The impact on feed markets is indirect, through energy and input costs.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| NATGAS | 2026-01-05 | [Why Natural Gas Prices Are Slipping Despite Strong LNG Demand](https://feedsoft.ai/events/7834-why-natural-gas-prices-are-slipping-despite-strong-lng-demand.md) | -20.7% | -0.8% |
| NATGAS | 2016-10-31 | [Natural Gas Prices Edge Lower as Traders Weigh Storage Volumes, Demand - WSJ](https://feedsoft.ai/events/9174-natural-gas-prices-edge-lower-as-traders-weigh-storage-volumes-demand-wsj.md) | -15.1% | +0.4% |
| 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% |
| 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% |

## Sources

- rigzone.com: https://www.rigzone.com/news/wire/usa_zombie_summer_saps_energy_demand_and_natural_gas_prices-18-oct-2024-178478-article/?rss=true

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