# Untethered as Cold Weather Emerges, Natural Gas Futures Soar; Cash Climbs

> US natural gas futures rose above $3.10 per MMBtu on November 20 as colder weather was forecast for late November and early December. Cash prices rose by double digits at most hubs, and storage was near 4.0 Tcf. The forecasts pointed to a larger than normal storage draw.

- Date: 2024-11-20 · published 2024-11-20T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/27597-untethered-as-cold-weather-emerges-natural-gas-futures-soar-cash-climbs
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Colder demand and a larger storage draw signal firmer US gas prices. This raises energy and fertilizer costs for feed producers in the near term.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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% |
| NATGAS | 2021-10-25 | [U.S. natural gas prices soar 10% as cold winter forecasts develop](https://feedsoft.ai/events/11757-u-s-natural-gas-prices-soar-10-as-cold-winter-forecasts-develop.md) | +5.2% | -4.0% |
| NATGAS | 2026-10-27 | [U.S. Natural Gas Futures Settle Higher - WSJ](https://feedsoft.ai/events/623-u-s-natural-gas-futures-settle-higher-wsj.md) | +8.5% | — |
| NATGAS | 2023-07-26 | [Natural Gas Futures, Cash Prices Advance Alongside Soaring Temperatures](https://feedsoft.ai/events/35228-natural-gas-futures-cash-prices-advance-alongside-soaring-temperatures.md) | -6.3% | -4.6% |

## Sources

- naturalgasintel.com: https://naturalgasintel.com/news/untethered-as-cold-weather-emerges-natural-gas-futures-soar-cash-climbs/

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