# U.S. gas storage emptied by exports to Europe and Asia | Reuters

> U.S. natural gas prices have climbed to their highest level in more than a decade. Strong export demand has drained U.S. storage as shortages in other regions and fears of Russian supply interruptions pull LNG demand higher.

- Date: 2022-04-08 · published 2022-04-08T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/42047-u-s-gas-storage-emptied-by-exports-to-europe-and-asia-reuters
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Heavy LNG export pull reduces the U.S. storage cushion, which supports Henry Hub prices and raises natural gas costs for nitrogen fertilizer producers, feeding into urea and feed grain costs.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-03-09 | [U.S. LNG exporters emerge as big winners of Europe natgas crisis \| Reuters](https://feedsoft.ai/events/42448-u-s-lng-exporters-emerge-as-big-winners-of-europe-natgas-crisis-reuters.md) | -1.2% | +31.1% |
| NATGAS | 2022-02-01 | [Gas gap in Europe drives U.S. LNG exports to record high](https://feedsoft.ai/events/43318-gas-gap-in-europe-drives-u-s-lng-exports-to-record-high.md) | -16.7% | -14.2% |
| NATGAS | 2021-12-21 | [LNG cargoes diverted toward Europe from Asia as gas prices soar \| Reuters](https://feedsoft.ai/events/43782-lng-cargoes-diverted-toward-europe-from-asia-as-gas-prices-soar-reuters.md) | -5.2% | +14.7% |
| NATGAS | 2022-05-06 | [U.S. gas prices soar as Europe and Asia scramble for LNG](https://feedsoft.ai/events/12161-u-s-gas-prices-soar-as-europe-and-asia-scramble-for-lng.md) | -12.9% | -2.0% |
| NATGAS | 2025-08-14 | [Key US natural gas trends to track as LNG exports hit new highs \| Reuters](https://feedsoft.ai/events/23524-key-us-natural-gas-trends-to-track-as-lng-exports-hit-new-highs-reuters.md) | -3.9% | -0.6% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/us-gas-storage-emptied-by-exports-europe-asia-kemp-2022-04-08/

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