# Natural Gas Markets Remain Ultra Tight | OilPrice.com

> Natural gas prices jumped above $4.80 per MMBtu on Wednesday, the highest since the 2014 polar vortex, and rose about 30% over the past week. U.S. inventories were 3,247 Bcf for the week ending November 9, 528 Bcf below 2017 and 601 Bcf below the five-year average. Early cold weather and forecasts of a cold winter drove the rally.

- Date: 2018-11-15 · published 2018-11-15T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/10418-natural-gas-markets-remain-ultra-tight-oilprice-com
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Storage running well below normal means little buffer against cold snaps, so price spikes can persist through winter. Higher gas costs raise energy expenses for feed processing and can support ethanol and DDGS economics.

## Read by commodity

- DDGS: neutral
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-01-26 | [U.S. Natural Gas Prices Jump On High Demand \| OilPrice.com](https://feedsoft.ai/events/6916-u-s-natural-gas-prices-jump-on-high-demand-oilprice-com.md) | +22.7% | +11.1% |
| NATGAS | 2020-08-03 | [Why Natural Gas Prices Just Exploded \| OilPrice.com](https://feedsoft.ai/events/10738-why-natural-gas-prices-just-exploded-oilprice-com.md) | +20.9% | +40.9% |
| NATGAS | 2021-05-17 | [Natural Gas Prices Jump On Warmer Weather \| OilPrice.com](https://feedsoft.ai/events/47270-natural-gas-prices-jump-on-warmer-weather-oilprice-com.md) | -2.8% | +13.6% |
| NATGAS | 2023-10-25 | [US natural gas prices up on cooler forecast - Markets - Business Recorder](https://feedsoft.ai/events/33803-us-natural-gas-prices-up-on-cooler-forecast-markets-business-recorder.md) | +18.8% | -6.0% |
| NATGAS | 2024-11-11 | [U.S. Natural Gas Prices Jump Over 10% After Hurricane Rafael Hits \| OilPrice.com](https://feedsoft.ai/events/7028-u-s-natural-gas-prices-jump-over-10-after-hurricane-rafael-hits-oilprice-com.md) | +20.1% | +73.4% |

## Sources

- oilprice.com: https://oilprice.com/Energy/Gas-Prices/Natural-Gas-Markets-Remain-Ultra-Tight.html

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