# US natural gas prices soar to two-year high on colder forecasts - Markets - Business Recorder

> US natural gas futures jumped about 8% to a two-year high of $3.989/MMBtu on colder forecasts and record gas flows to LNG export plants. Analysts expected large storage withdrawals that could erase the storage surplus by the end of January.

- Date: 2025-01-11 · published 2025-01-11T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/26699-us-natural-gas-prices-soar-to-two-year-high-on-colder-forecasts-markets
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Colder demand outlooks and record LNG pull tighten supply and lift natural gas prices, raising energy and drying costs for feed makers.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2023-10-25 | [US natural gas prices up on cooler forecast - Markets - Business Recorder](https://feedsoft.ai/events/33803-us-natural-gas-prices-up-on-cooler-forecast-markets-business-recorder.md) | +18.8% | -6.0% |
| NATGAS | 2023-08-31 | [US natgas prices rise 2% to 3-week high on hot forecasts, output decline - Markets - Business Recorder](https://feedsoft.ai/events/34749-us-natgas-prices-rise-2-to-3-week-high-on-hot-forecasts-output-decline-markets.md) | -4.5% | +7.9% |
| NATGAS | 2024-01-10 | [US natgas prices higher - Markets - Business Recorder](https://feedsoft.ai/events/4186-us-natgas-prices-higher-markets-business-recorder.md) | -11.0% | -39.3% |
| NATGAS | 2022-12-08 | [US natgas futures surge on forecasts for colder weather - Markets - Business Recorder](https://feedsoft.ai/events/11507-us-natgas-futures-surge-on-forecasts-for-colder-weather-markets-business.md) | +27.9% | -29.6% |
| NATGAS | 2026-08-31 | [US natgas prices rise to five-week high on LNG export hopes - Markets - Business Recorder](https://feedsoft.ai/events/18058-us-natgas-prices-rise-to-five-week-high-on-lng-export-hopes-markets-business.md) | +3.3% | +7.4% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40342262

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