# U.S. gas prices slump on production surplus | Reuters

> US natural gas production has risen faster than consumption and exports for about four months, causing inventories to build. Front-month futures have fallen by $6 per MMBtu, or 62%, since late August.

- Date: 2023-01-12 · published 2023-01-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/37941-u-s-gas-prices-slump-on-production-surplus-reuters
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A growing surplus and heavy stocks weigh on natural gas prices, lowering fertilizer (nitrogen) and natural-gas-linked input costs for feed producers over time.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/business/energy/us-gas-prices-slump-production-surplus-kemp-2023-01-12/

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