# Waha spot gas price eyes record low in intraday trading | S&P Global

> Waha spot gas in West Texas fell to minus $5.06/MMBtu on Monday, the second-lowest settlement on record, and traded below minus $7 early in the session. Scheduled El Paso maintenance at the Cornudas station will cut capacity by about 360 MMcf/d through April 30.

- Date: 2020-04-20 · published 2020-04-20T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/12204-waha-spot-gas-price-eyes-record-low-in-intraday-trading-s-and-p-global
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Pipeline constraints trap Permian gas that cannot reach market, depressing regional prices and reducing the value of Permian supply until maintenance ends.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2026-07-09 | [US Natural Gas Prices Drop To Six Week Low](https://feedsoft.ai/events/8665-us-natural-gas-prices-drop-to-six-week-low.md) | -9.8% | -16.6% |
| NATGAS | 2026-07-09 | [Natural Gas Prices Fall Most Since March on Pipeline, Export, Trading Shifts - Bloomberg](https://feedsoft.ai/events/8659-natural-gas-prices-fall-most-since-march-on-pipeline-export-trading-shifts.md) | -9.8% | -16.6% |
| NATGAS | 2026-07-09 | [US Natgas Prices Fall to 6-Week Low](https://feedsoft.ai/events/8666-us-natgas-prices-fall-to-6-week-low.md) | -9.8% | -16.6% |
| NATGAS | 2019-08-02 | [Up-and-Down Week for Natural Gas Markets as Weekly Spot Prices Mixed](https://feedsoft.ai/events/7903-up-and-down-week-for-natural-gas-markets-as-weekly-spot-prices-mixed.md) | -6.6% | +2.1% |
| NATGAS | 2026-07-10 | [Natural-Gas Prices Sink as Texas LNG Terminal Closes for Maintenance](https://feedsoft.ai/events/8662-natural-gas-prices-sink-as-texas-lng-terminal-closes-for-maintenance.md) | -8.0% | -15.2% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/natural-gas/042020-waha-spot-gas-price-eyes-record-low-in-intraday-trading

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