# U.S. Natural Gas Extends Historic Rally as Cold Hits East Coast - Bloomberg

> U.S. natural gas rose about 14% to $4.857 per million BTU on a Wednesday, lifting the year-to-date gain to a record 30%. Colder forecasts for East Coast population centers and an approaching winter storm drove the rally.

- Date: 2022-01-12 · published 2022-01-12T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/43319-u-s-natural-gas-extends-historic-rally-as-cold-hits-east-coast-bloomberg
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Colder weather and rising heating demand tighten U.S. natural gas supply and lift costs for gas-based fertilizer and ethanol production, supporting feed input prices.

## Read by commodity

- NATGAS: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| NATGAS | 2022-01-12 | 1 | +12.7% | 3.3 | Directly reports the ~14% natural gas jump on Jan 12 driven by colder East Coast forecasts and an approaching winter storm, which lifted heating demand expectations. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-02-03 | [U.S. Natural Gas Volatility Hits 26-Year High as Wells Freeze Up - Bloomberg](https://feedsoft.ai/events/8459-u-s-natural-gas-volatility-hits-26-year-high-as-wells-freeze-up-bloomberg.md) | -33.0% | -23.0% |
| NATGAS | 2026-01-20 | [Natural gas prices soar as cold snap blasts across the U.S.](https://feedsoft.ai/events/6506-natural-gas-prices-soar-as-cold-snap-blasts-across-the-u-s.md) | +323.2% | -0.0% |
| NATGAS | 2018-01-04 | [Blizzard Triggers a 60-Fold Surge in Prices for U.S. Natural Gas - Bloomberg](https://feedsoft.ai/events/4669-blizzard-triggers-a-60-fold-surge-in-prices-for-u-s-natural-gas-bloomberg.md) | -30.1% | -31.8% |
| NATGAS | 2021-02-16 | [Natural Gas Prices Hit Historic $999/MMBtu High as Unrivaled Cold Strains Supply, Fuels Record Demand](https://feedsoft.ai/events/48844-natural-gas-prices-hit-historic-999-mmbtu-high-as-unrivaled-cold-strains-supply.md) | -27.6% | -40.0% |
| NATGAS | 2022-01-03 | [U.S. natural gas prices rise as cold freezes wells \| Reuters](https://feedsoft.ai/events/43321-u-s-natural-gas-prices-rise-as-cold-freezes-wells-reuters.md) | +2.6% | +37.9% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2022-01-12/u-s-natural-gas-extends-six-week-high-as-cold-sweeps-east-coast

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