# Natural gas surges 20% on expectations for colder-than-usual January on the East Coast

> US natural gas futures rose as much as 20% on Monday to a 52-week high after forecasts showed a colder-than-average January in the eastern US. The West is expected to be milder, while the Four Corners region is forecast to be the most above average. Stormy patterns with snow and ice are also expected in the East.

- Date: 2024-12-30 · published 2024-12-30T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/27142-natural-gas-surges-20-on-expectations-for-colder-than-usual-january-on-the-east
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Colder eastern weather lifts heating demand and draws down storage, supporting higher gas prices. Higher gas costs also feed into nitrogen fertilizer and processing energy costs.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2019-01-14 | [Natural Gas ETFs Burn Up on Expectations for a Long Cold Spell \| ETF Trends](https://feedsoft.ai/events/9210-natural-gas-etfs-burn-up-on-expectations-for-a-long-cold-spell-etf-trends.md) | +14.3% | -10.7% |
| NATGAS | 2018-11-06 | [Natural gas prices surge on surprise forecast for cold US weather](https://feedsoft.ai/events/6487-natural-gas-prices-surge-on-surprise-forecast-for-cold-us-weather.md) | +9.1% | +24.8% |
| NATGAS | 2018-11-07 | [Commentary: U.S. natural gas prices surge on cold weather forecast - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/62209-commentary-u-s-natural-gas-prices-surge-on-cold-weather-forecast-energy-news.md) | +15.8% | +29.1% |
| NATGAS | 2020-08-07 | [Rising Export Expectations, Warm Weather Lift Natural Gas ETFs](https://feedsoft.ai/events/10742-rising-export-expectations-warm-weather-lift-natural-gas-etfs.md) | -1.2% | +8.6% |
| NATGAS | 2025-12-26 | [US Natural Gas Futures Rise As Forecasts Predict Colder](https://feedsoft.ai/events/7192-us-natural-gas-futures-rise-as-forecasts-predict-colder.md) | +1.5% | +248.0% |

## Sources

- cnbc.com: https://www.cnbc.com/2024/12/30/natural-gas-surges-20percent-on-expectations-for-colder-than-usual-january-on-the-east-coast.html

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