# U.S. natural gas falls 3% on rising output, milder forecasts as winter spread hits record low - Energy News

> US natural gas futures fell 3% on Friday to $2.858 per MMBtu for the December contract. The decline followed rising output and milder weather forecasts with lower demand than previously expected.

- Date: 2026-10-31 · published 2026-10-31T10:05:53.894Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/2975-u-s-natural-gas-falls-3-on-rising-output-milder-forecasts-as-winter-spread-hits
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Lower natural gas prices reduce energy and nitrogen fertilizer production costs, and softer gas prices can weigh on ethanol and DDGS economics through energy input costs.

## Read by commodity

- UREA: bearish ▼
- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2025-02-28 | [US natgas prices slide 3% to two-week low on record output, mild weather — TradingView News](https://feedsoft.ai/events/26214-us-natgas-prices-slide-3-to-two-week-low-on-record-output-mild-weather.md) | +10.8% | -0.2% |
| NATGAS | 2023-11-27 | [US natgas hits two-month low on ample output, mild weather - Markets - Business Recorder](https://feedsoft.ai/events/33344-us-natgas-hits-two-month-low-on-ample-output-mild-weather-markets-business.md) | -2.4% | -7.6% |
| NATGAS | 2020-11-03 | [US natural gas futures fall on milder weather - Markets - Business Recorder](https://feedsoft.ai/events/50350-us-natural-gas-futures-fall-on-milder-weather-markets-business-recorder.md) | -12.5% | -8.0% |
| NATGAS | 2022-02-07 | [U.S. natgas futures drop 6% on forecasts for less cold, rising output \| Financial Post](https://feedsoft.ai/events/8458-u-s-natgas-futures-drop-6-on-forecasts-for-less-cold-rising-output-financial.md) | -19.2% | -1.2% |
| NATGAS | 2025-01-21 | [U.S. Natural Gas Futures Fall on Milder February Outlook - WSJ](https://feedsoft.ai/events/6343-u-s-natural-gas-futures-fall-on-milder-february-outlook-wsj.md) | -40.6% | -18.8% |
| UREA | 2023-02-14 | [IP Crop Network, February Report - U.S. Identity Preserved Alliance](https://feedsoft.ai/events/13298-ip-crop-network-february-report-u-s-identity-preserved-alliance.md) | +1.2% | -3.1% |
| UREA | 2021-04-14 | [Cold dry spring starts to pressure nitrogen market - Farmers Weekly](https://feedsoft.ai/events/47931-cold-dry-spring-starts-to-pressure-nitrogen-market-farmers-weekly.md) | +1.5% | +0.7% |
| UREA | 2024-01-05 | [Fertilizer outlook provided  – Wyoming Livestock Roundup](https://feedsoft.ai/events/32055-fertilizer-outlook-provided-wyoming-livestock-roundup.md) | +1.6% | +13.0% |

## Sources

- news.energyjobline.com: https://news.energyjobline.com/oil-and-gas/u-s-natural-gas-falls-3-on-rising-output-milder-forecasts-as-winter-spread-hits-record-low/

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