# US natgas prices climb 3% as producers cut output ahead of Storm Francine | Reuters

> US natural gas futures rose about 3% on September 10 as producers cut output ahead of Hurricane Francine, expected to hit Louisiana. The October contract settled at $2.232/mmBtu. Front-month prices rose despite expected demand losses from outages and LNG plant disruptions.

- Date: 2024-09-10 · published 2024-09-10T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/28492-us-natgas-prices-climb-3-as-producers-cut-output-ahead-of-storm-francine-reuters
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Storm-related production cuts tighten near-term supply and support gas prices, which feeds into energy and fertilizer costs for feed producers, though outages that reduce demand can partly offset the effect.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2020-10-07 | [U.S. natgas jumps over 5% as producers shut wells ahead of Hurricane Delta By Reuters](https://feedsoft.ai/events/8349-u-s-natgas-jumps-over-5-as-producers-shut-wells-ahead-of-hurricane-delta-by.md) | +14.2% | +37.1% |
| NATGAS | 2026-01-23 | [US energy sector braces for winter storm as crude and natural gas output fall \| Reuters](https://feedsoft.ai/events/4761-us-energy-sector-braces-for-winter-storm-as-crude-and-natural-gas-output-fall.md) | -2.8% | -52.5% |
| NATGAS | 2023-05-09 | [US natgas futures up 1% on daily output decline, Canadian wildfires \| Reuters](https://feedsoft.ai/events/36124-us-natgas-futures-up-1-on-daily-output-decline-canadian-wildfires-reuters.md) | +6.1% | -3.6% |
| NATGAS | 2022-01-03 | [U.S. natural gas prices rise as cold freezes wells \| Reuters](https://feedsoft.ai/events/43321-u-s-natural-gas-prices-rise-as-cold-freezes-wells-reuters.md) | +2.6% | +37.9% |
| NATGAS | 2022-12-23 | [Storm cuts U.S. oil, gas, power output, sending prices higher](https://feedsoft.ai/events/38414-storm-cuts-u-s-oil-gas-power-output-sending-prices-higher.md) | -33.4% | -44.5% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/us-natgas-prices-climb-3-producers-cut-output-ahead-storm-francine-2024-09-10/

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