# Nat-Gas Prices Weighed Down by Ample US Supplies and Mild Temperatures

> US May natural gas futures fell to a 3-3/4 year low on April 26, 2024. Inventories were 37% above the five-year seasonal average and mild spring weather curbed heating and cooling demand.

- Date: 2024-04-26 · published 2024-04-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30920-nat-gas-prices-weighed-down-by-ample-us-supplies-and-mild-temperatures
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Ample US gas supply and weak demand keep domestic energy costs low, which is bearish for gas and a modest cost relief for US feed producers.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- barchart.com: https://www.barchart.com/story/news/25775692/nat-gas-prices-weighed-down-by-ample-us-supplies-and-mild-temperatures

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