# Natural Gas Extends Selloff As Latest Storage Report, Freeport News Feed the Bears

> US natural gas futures extended losses after the EIA reported a 111 billion cubic foot storage build for the week ending October 14, above the 105 bcf estimate. Prices had collapsed nearly 22% during the month, and LNG tankers were reportedly idle outside the Freeport LNG facility.

- Date: 2022-10-21 · published 2022-10-21T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/12790-natural-gas-extends-selloff-as-latest-storage-report-freeport-news-feed-the
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A larger-than-expected storage injection signals ample supply and weak near-term demand, pressuring gas prices lower. Lower gas prices reduce energy and fertilizer costs for feed production.

## Read by commodity

- NATGAS: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| NATGAS | 2022-10-21 | 5 | -25.1% | -2.8 | Dated at the end of the window, a larger-than-expected 111 bcf storage build and idle LNG tankers at Freeport (weaker export demand) pushed prices lower directly. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2026-10-29 | [Natural Gas News: EIA Storage Report Could Test Bearish Trend and Spark Volatility \| FXEmpire](https://feedsoft.ai/events/1450-natural-gas-news-eia-storage-report-could-test-bearish-trend-and-spark.md) | -1.8% | — |
| NATGAS | 2023-01-05 | [Bullish US natural gas storage report from EIA falls flat as NYMEX futures sell off](https://feedsoft.ai/events/9183-bullish-us-natural-gas-storage-report-from-eia-falls-flat-as-nymex-futures-sell.md) | -10.5% | -35.3% |
| NATGAS | 2020-05-08 | [Balances 'Way Too Loose' as Natural Gas Futures Extend Sell-Off Early](https://feedsoft.ai/events/10444-balances-way-too-loose-as-natural-gas-futures-extend-sell-off-early.md) | -12.1% | -4.1% |
| NATGAS | 2019-11-01 | [NYMEX natural gas inches lower after higher than expected storage build report – The Energy Bulletin Daily](https://feedsoft.ai/events/56251-nymex-natural-gas-inches-lower-after-higher-than-expected-storage-build-report.md) | +4.7% | -11.6% |
| NATGAS | 2024-10-31 | [Storage Upside Miss Against Averages Tricks Market, Sends Natural Gas Futures Lower](https://feedsoft.ai/events/8121-storage-upside-miss-against-averages-tricks-market-sends-natural-gas-futures.md) | -7.5% | +37.1% |

## Sources

- fxdailyreport.com: https://fxdailyreport.com/natural-gas-extends-selloff-as-latest-storage-report-freeport-news-feed-the-bears/

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