# US natgas futures surge on forecasts for colder weather - Markets - Business Recorder

> U.S. natural gas futures rose about 3% after forecasts pointed to colder weather and higher heating demand over the next two weeks. Stockpiles were about 2.4% below the five-year average. Freeport LNG's restart delay was noted, with some LNG cargo ships leaving the plant.

- Date: 2022-12-08 · published 2022-12-08T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/11507-us-natgas-futures-surge-on-forecasts-for-colder-weather-markets-business
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Forecast colder weather raises expected heating demand and storage withdrawals, supporting higher gas prices. The Freeport delay keeps LNG export demand lower, which limits upside.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-07-29 | [US natgas futures up - Markets - Business Recorder](https://feedsoft.ai/events/40668-us-natgas-futures-up-markets-business-recorder.md) | -2.1% | +11.7% |
| NATGAS | 2022-11-08 | [US natgas futures jump - Markets - Business Recorder](https://feedsoft.ai/events/7580-us-natgas-futures-jump-markets-business-recorder.md) | +7.4% | -11.6% |
| NATGAS | 2023-04-20 | [US natgas futures up on output decline - Markets - Business Recorder](https://feedsoft.ai/events/36592-us-natgas-futures-up-on-output-decline-markets-business-recorder.md) | -2.6% | +4.3% |
| 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 | 2020-12-31 | [US natgas futures set for best year since 2016 - Markets - Business Recorder](https://feedsoft.ai/events/49822-us-natgas-futures-set-for-best-year-since-2016-markets-business-recorder.md) | +15.8% | +9.6% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40213189

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