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US natural gas futures rose about 1% to a three-week high on May 1 after output dropped and LNG exports neared records. EQT and other producers temporarily cut output as low spot prices made production uneconomic.
Lower domestic output and strong LNG pull support US gas prices, which feed into ethanol and fertilizer costs. The move is small and routine in scale.
reuters.comScott DisavinoMay 1, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
