# U.S. Natural Gas to Be World’s Priciest Amid Virus Upheaval - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com

> U.S. natural gas is on track to become the world's most expensive gas for the first time in more than a decade, as COVID-19 lockdowns cut demand in Europe and Asia. U.S. futures rallied about 10% in April on bets that the oil crash would curb associated gas output, while Asian and European prices fell to new lows.

- Date: 2020-04-23 · published 2020-04-23T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/12198-u-s-natural-gas-to-be-world-s-priciest-amid-virus-upheaval-energy-news-top
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

The narrowing of the global gas price premium weakens the economics of U.S. LNG exports, while the expected output cut from lower oil drilling supports domestic prices.

## Read by commodity

- NATGAS: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| NATGAS | 2020-04-21 | 5 | +14.6% | 2.8 | Describes U.S. futures rallying about 10% in April on bets that the oil crash would curb associated gas output; it is dated after the window but confirms the supply-driven mechanism. |
| NATGAS | 2020-04-22 | 5 | +17.1% | 3.0 | Describes the April rally on bets that the oil crash will curb associated gas output, confirming the supply-expectation mechanism, though it is published a day after the window ends. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2018-02-14 | [Asia's Soaring Gas Demand Opens Window for New LNG Projects - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/66670-asia-s-soaring-gas-demand-opens-window-for-new-lng-projects-energy-news-top.md) | +2.6% | +4.8% |
| NATGAS | 2026-06-30 | [US Natgas Advances 3% on Rising LNG Flows, Record Heat - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/18979-us-natgas-advances-3-on-rising-lng-flows-record-heat-energy-news-top-headlines.md) | -1.8% | -18.4% |
| NATGAS | 2018-04-10 | [High U.S. Natgas Storage Draws Raise Alarm for Coming Seasons - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/65695-high-u-s-natgas-storage-draws-raise-alarm-for-coming-seasons-energy-news-top.md) | +2.9% | +0.2% |
| NATGAS | 2022-02-22 | [LNG market supply-demand balance to remain tight in 2022 - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/42885-lng-market-supply-demand-balance-to-remain-tight-in-2022-energy-news-top.md) | -2.0% | +7.0% |
| NATGAS | 2021-09-23 | [Inside Clean Energy: Natural Gas Prices Are Rising. Here’s Why That Helps the Cleanest (and Dirtiest) Electricity Sources - Inside Climate News](https://feedsoft.ai/events/7930-inside-clean-energy-natural-gas-prices-are-rising-here-s-why-that-helps-the.md) | +15.2% | +3.2% |

## Sources

- energynow.com: https://energynow.com/2020/04/u-s-natural-gas-to-be-worlds-priciest-amid-virus-upheaval/

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