# Why Natural Gas Prices Just Exploded | OilPrice.com

> Natural gas prices jumped nearly 20 percent on Monday after forecasts showed a short-term return of hot weather. Increased LNG feedgas flows over the weekend added to the bullish sentiment. Traders hoped the heat would help draw down a stockpile still considered oversupplied.

- Date: 2020-08-03 · published 2020-08-03T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/10738-why-natural-gas-prices-just-exploded-oilprice-com
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Weather-driven gas rallies raise nitrogen fertilizer and ethanol input costs, which can support corn and DDGS prices over time. The move is expected to be short-lived unless a major heat wave materializes.

## Read by commodity

- DDGS: neutral
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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 | 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% |
| NATGAS | 2018-11-15 | [Natural Gas Markets Remain Ultra Tight \| OilPrice.com](https://feedsoft.ai/events/10418-natural-gas-markets-remain-ultra-tight-oilprice-com.md) | +2.7% | -5.3% |
| NATGAS | 2024-11-11 | [Analysts Explain Why USA Natural Gas Price is Rising \| Rigzone](https://feedsoft.ai/events/7032-analysts-explain-why-usa-natural-gas-price-is-rising-rigzone.md) | +20.1% | +73.4% |

## Sources

- oilprice.com: https://oilprice.com/Energy/Natural-Gas/Why-Natural-Gas-Prices-Just-Exploded.html

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