# US natural gas prices slide - Markets - Business Recorder

> US natural gas futures fell about 3% to a two-month low as forecasts pointed to less cold weather and lower heating demand over the next two weeks. Record output also meant utilities needed less gas from storage, and storage was about 8% above normal.

- Date: 2023-11-29 · published 2023-11-29T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/33342-us-natural-gas-prices-slide-markets-business-recorder
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Softer heating demand and high storage keep the US gas price weak, which lowers energy costs for feed plants and fertilizer producers that use gas as an input.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2024-10-30 | [US natural gas futures slip - Markets - Business Recorder](https://feedsoft.ai/events/8120-us-natural-gas-futures-slip-markets-business-recorder.md) | +0.6% | +60.1% |
| 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 | 2021-03-01 | [US natgas slips to fresh 4-week low as weather turns seasonally milder - Markets - Business Recorder](https://feedsoft.ai/events/48291-us-natgas-slips-to-fresh-4-week-low-as-weather-turns-seasonally-milder-markets.md) | -0.2% | -6.5% |
| 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 | 2016-10-24 | [U.S. Natural Gas Futures Slide Most Since July On Warm Midwest \| Investor's Business Daily](https://feedsoft.ai/events/10116-u-s-natural-gas-futures-slide-most-since-july-on-warm-midwest-investor-s.md) | -1.7% | -8.0% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40275886

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