# U.S. natural gas prices hold near 7-wk low on record output, ample storage | Gas Processing & LNG

> US natural gas futures held near a seven-week low as record output and ample storage let utilities keep injecting gas later than usual. Traders have priced out winter price spikes, with the January-December spread at its lowest since November 2022.

- Date: 2023-11-01 · published 2023-11-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/33347-u-s-natural-gas-prices-hold-near-7-wk-low-on-record-output-ample-storage-gas
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Record output and high storage point to continued weak gas prices through winter, which keeps energy and fertilizer input costs contained.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- gasprocessingnews.com: https://www.gasprocessingnews.com/news/2023/11/us-natural-gas-prices-hold-near-7-wk-low-on-record-output-ample-storage/

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