# Daily Natural Gas Market Update 5-10-22

> US natural gas prices plunged as production rose to about 94.3 BCF/day and temperatures moderated across the Midwest and Northeast. June futures settled 12.6% lower at $7.026 after retreating from 13-year highs, with crude also down 6%.

- Date: 2022-05-10 · published 2022-05-10T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/12156-daily-natural-gas-market-update-5-10-22
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Higher output and milder weather reduce near-term gas demand. Lower gas costs ease input pressure on nitrogen fertilizer and ethanol-linked DDGS production.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2024-10-29 | [Daily Natural Gas Market Update  10-29-24](https://feedsoft.ai/events/11713-daily-natural-gas-market-update-10-29-24.md) | -10.5% | +41.4% |
| NATGAS | 2024-10-30 | [US natural gas futures slip - Markets - Business Recorder](https://feedsoft.ai/events/8120-us-natural-gas-futures-slip-markets-business-recorder.md) | +0.6% | +60.1% |
| NATGAS | 2023-11-29 | [US natural gas prices slide - Markets - Business Recorder](https://feedsoft.ai/events/33342-us-natural-gas-prices-slide-markets-business-recorder.md) | -1.0% | -4.3% |
| NATGAS | 2016-11-03 | [Natural Gas Bears Take Over the Market - Burton Energy Group](https://feedsoft.ai/events/9175-natural-gas-bears-take-over-the-market-burton-energy-group.md) | -8.1% | +25.5% |
| NATGAS | 2022-11-10 | [Natural Gas: Warm Weather, Market Dynamics Create Havoc for Bulls \| Investing.com](https://feedsoft.ai/events/7582-natural-gas-warm-weather-market-dynamics-create-havoc-for-bulls-investing-com.md) | +34.0% | +18.6% |

## Sources

- stonex.com: https://www.stonex.com/en/insights/daily-natural-gas-market-update-5-10-22/

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