# Market Watch | Energy Intelligence

> September natural gas futures climbed 30.2 cents to close at $2.101 per million Btu after a revised forecast showed hotter weather in the second week of August. Rising LNG feedgas demand and a slight drop in production also supported the rally. The front-month contract had not traded above $2 in three months.

- Date: 2020-08-03 · published 2020-08-03T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/10739-market-watch-energy-intelligence
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A revised hot weather outlook and stronger LNG feedgas demand point to tighter gas supply, which raises input costs for nitrogen fertilizer and ethanol. These costs can filter into corn and DDGS pricing.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2018-11-05 | [Market Watch \| Energy Intelligence](https://feedsoft.ai/events/6488-market-watch-energy-intelligence.md) | +14.0% | +33.5% |
| NATGAS | 2025-12-29 | [Market Watch: January Nymex Rolls Off Board at $4.687 \| Energy Intelligence](https://feedsoft.ai/events/7189-market-watch-january-nymex-rolls-off-board-at-4-687-energy-intelligence.md) | -17.1% | +187.6% |
| NATGAS | 2022-11-07 | [US Natgas Futures Surge on Coming Cold \| Energy Intelligence](https://feedsoft.ai/events/7576-us-natgas-futures-surge-on-coming-cold-energy-intelligence.md) | +5.0% | -4.9% |
| NATGAS | 2021-02-11 | [Arctic Blast Sends US Gas Prices Soaring \| Energy Intelligence](https://feedsoft.ai/events/5577-arctic-blast-sends-us-gas-prices-soaring-energy-intelligence.md) | +55.3% | -18.9% |
| NATGAS | 2024-01-12 | [Arctic Blast Forecast Drives US Gas Futures to Two-Month High \| Energy Intelligence](https://feedsoft.ai/events/5288-arctic-blast-forecast-drives-us-gas-futures-to-two-month-high-energy.md) | -16.5% | -42.6% |

## Sources

- energyintel.com: https://www.energyintel.com/0000017b-a7db-de4c-a17b-e7db36f10000

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