# US natgas futures up 1% on daily output decline, Canadian wildfires | Reuters

> US natural gas futures rose about 1% on a daily dip in output and wildfire disruptions in Canada. Gas flows to LNG export plants were on track for a six-week low, largely due to reduced activity at Cameron LNG in Louisiana. Recent record LNG flows were noted for comparison.

- Date: 2023-05-09 · published 2023-05-09T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/36124-us-natgas-futures-up-1-on-daily-output-decline-canadian-wildfires-reuters
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Lower output and reduced LNG pull are mixed signals, so the net effect on domestic gas prices and input costs is modest.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2023-04-20 | [US natgas futures up on output decline - Markets - Business Recorder](https://feedsoft.ai/events/36592-us-natgas-futures-up-on-output-decline-markets-business-recorder.md) | -2.6% | +4.3% |
| NATGAS | 2024-09-10 | [US natgas prices climb 3% as producers cut output ahead of Storm Francine \| Reuters](https://feedsoft.ai/events/28492-us-natgas-prices-climb-3-as-producers-cut-output-ahead-of-storm-francine-reuters.md) | +9.6% | +25.1% |
| NATGAS | 2022-03-11 | [U.S. natgas futures up 2% on lower output, record LNG exports \| BOE Report](https://feedsoft.ai/events/42455-u-s-natgas-futures-up-2-on-lower-output-record-lng-exports-boe-report.md) | +5.5% | +33.7% |
| NATGAS | 2022-07-18 | [U.S. natgas futures jump 7% to 5-week high on hotter forecasts \| Reuters](https://feedsoft.ai/events/40666-u-s-natgas-futures-jump-7-to-5-week-high-on-hotter-forecasts-reuters.md) | +21.6% | +28.6% |
| NATGAS | 2022-07-29 | [US natgas futures up - Markets - Business Recorder](https://feedsoft.ai/events/40668-us-natgas-futures-up-markets-business-recorder.md) | -2.1% | +11.7% |

## Sources

- reuters.com: https://www.reuters.com/article/markets/commodities/us-natgas-futures-up-1-on-daily-output-decline-canadian-wildfires-idUSL1N3762KB/

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