# Natural Gas Futures Extend Drop on Delayed Winter Arrival, Golden Pass LNG Project

> December Nymex natural gas futures fell for a fifth straight day to settle at $2.663/MMBtu, with Henry Hub spot dropping below $1.50 for the first time at the start of the heating season. The decline followed mild weather and a delay in the Golden Pass LNG startup to 2026.

- Date: 2024-11-01 · published 2024-11-01T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/11711-natural-gas-futures-extend-drop-on-delayed-winter-arrival-golden-pass-lng
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Weak physical prices and delayed LNG export demand point to continued bearish pressure on US gas, which lowers energy costs for grain and feed processors.

## Read by commodity

- WTI: neutral
- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2020-09-21 | [October Natural Gas Futures Drop amid LNG Setback, Storms and Cooler Temps](https://feedsoft.ai/events/6763-october-natural-gas-futures-drop-amid-lng-setback-storms-and-cooler-temps.md) | +12.8% | +36.9% |
| 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% |
| NATGAS | 2025-01-27 | [As Weather Outlooks Erase Cold, Natural Gas Futures Tank on Weaker Demand Expectations](https://feedsoft.ai/events/26693-as-weather-outlooks-erase-cold-natural-gas-futures-tank-on-weaker-demand.md) | -24.1% | -0.2% |
| NATGAS | 2026-01-05 | [U.S. Natural Gas Extends Losses on Milder Weather Outlook - WSJ](https://feedsoft.ai/events/7828-u-s-natural-gas-extends-losses-on-milder-weather-outlook-wsj.md) | -20.7% | -0.8% |
| NATGAS | 2022-02-25 | [April Natural Gas Futures Debut with Thud on Warming Forecast, Returning Output](https://feedsoft.ai/events/42886-april-natural-gas-futures-debut-with-thud-on-warming-forecast-returning-output.md) | +0.1% | +13.3% |
| WTI | 2020-06-30 | [US and European natural gas prices rise with Gulf Coast LNG futures as demand picture improves](https://feedsoft.ai/events/9802-us-and-european-natural-gas-prices-rise-with-gulf-coast-lng-futures-as-demand.md) | +2.3% | +3.2% |
| WTI | 2026-01-26 | [Natural gas prices hit $6 as Winter Storm Fern brings extreme cold](https://feedsoft.ai/events/4410-natural-gas-prices-hit-6-as-winter-storm-fern-brings-extreme-cold.md) | +6.4% | +9.1% |
| WTI | 2020-06-29 | [US natgas futures jump 10pc on warmer weather view - Markets - Business Recorder](https://feedsoft.ai/events/9801-us-natgas-futures-jump-10pc-on-warmer-weather-view-markets-business-recorder.md) | +5.3% | +7.8% |

## Sources

- naturalgasintel.com: https://naturalgasintel.com/news/natural-gas-futures-extend-drop-on-delayed-winter-arrival-golden-pass-lng-project/

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