# U.S. natgas prices up 2% on rising LNG feedgas, lingering hot weather - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com

> U.S. natural gas futures rose about 2% to $2.755 per mmBtu as daily LNG feedgas flows increased and forecasts called for hotter-than-normal weather through mid-July, especially in Texas. ERCOT reported record power use during a Texas heat wave, and gas-fired plants supply about half of the state's electricity. European TTF prices also rose about 11%.

- Date: 2023-06-30 · published 2023-06-30T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/35685-u-s-natgas-prices-up-2-on-rising-lng-feedgas-lingering-hot-weather-energy-news
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Higher summer power burn and firm LNG export demand tighten U.S. gas balances, supporting Henry Hub prices. Feed buyers see this mainly through higher energy and drying costs.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2025-02-14 | [US NatGas Prices Climb 4% to Two-Week High on Rising LNG Flows, Cold Weather - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/8690-us-natgas-prices-climb-4-to-two-week-high-on-rising-lng-flows-cold-weather.md) | +8.0% | -0.3% |
| NATGAS | 2018-11-07 | [Commentary: U.S. natural gas prices surge on cold weather forecast - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/62209-commentary-u-s-natural-gas-prices-surge-on-cold-weather-forecast-energy-news.md) | +15.8% | +29.1% |
| NATGAS | 2022-02-03 | [U.S. natgas prices up near year-high as output hurt by icy weather - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/9227-u-s-natgas-prices-up-near-year-high-as-output-hurt-by-icy-weather-energy-news.md) | -33.0% | -23.0% |
| NATGAS | 2022-12-12 | [U.S. natgas rallies 10% as cold weather seen boosting demand - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/11508-u-s-natgas-rallies-10-as-cold-weather-seen-boosting-demand-energy-news-top.md) | +18.6% | -37.7% |
| NATGAS | 2019-10-01 | [U.S. natgas futures rise as cooler weather view offsets stock build - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/56758-u-s-natgas-futures-rise-as-cooler-weather-view-offsets-stock-build-energy-news.md) | -0.8% | +5.0% |

## Sources

- energynow.com: https://energynow.com/2023/06/u-s-natgas-prices-up-2-on-rising-lng-feedgas-lingering-hot-weather/

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