# 5 factors affecting North American natural gas markets this winter

> Wood Mackenzie outlines five factors for North American gas markets this winter. These include producers managing supply by delaying well turn-ins, storage, power market shifts, imports, LNG exports and weather. Producer responsiveness to price is becoming more common in 2024.

- Date: 2024-12-01 · published 2024-12-01T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/27599-5-factors-affecting-north-american-natural-gas-markets-this-winter
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Producers adjusting output in response to prices could limit supply shocks and cap volatility. Weather and LNG demand remain the main drivers of US gas prices this winter.

## Read by commodity

- NATGAS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2026-07-01 | [Natural Gas Market Indicators – June 25, 2026](https://feedsoft.ai/events/18981-natural-gas-market-indicators-june-25-2026.md) | -4.1% | -19.8% |
| NATGAS | 2026-10-01 | [The High-Stakes Gamble Playing Out in the Natural-Gas Market](https://feedsoft.ai/events/17650-the-high-stakes-gamble-playing-out-in-the-natural-gas-market.md) | +5.2% | -7.8% |
| NATGAS | 2023-04-24 | [Volatility Still Lurking in Global Natural Gas Markets Despite Easing Prices](https://feedsoft.ai/events/36593-volatility-still-lurking-in-global-natural-gas-markets-despite-easing-prices.md) | +5.5% | +11.7% |
| NATGAS | 2024-09-20 | [What’s next for the global gas and LNG market?](https://feedsoft.ai/events/28495-what-s-next-for-the-global-gas-and-lng-market.md) | +13.9% | -1.1% |
| NATGAS | 2024-03-28 | [US gas prices to be increasingly linked to international markets through LNG](https://feedsoft.ai/events/31397-us-gas-prices-to-be-increasingly-linked-to-international-markets-through-lng.md) | +13.4% | -1.3% |

## Sources

- woodmac.com: https://www.woodmac.com/news/opinion/5-factors-affecting-north-american-natural-gas-markets-this-winter/

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