# Global gas shortage helps lift prices in United States | Reuters

> Gas shortages in Europe and Asia have pushed up prices and export volumes for US natural gas. US gas production has recovered slowly from its mid-2020 low, so supply is not keeping pace. Higher gas costs have led power generators to switch toward coal.

- Date: 2021-10-19 · published 2021-10-19T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/44760-global-gas-shortage-helps-lift-prices-in-united-states-reuters
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Stronger US gas prices raise costs for nitrogen fertilizer and ethanol production, which feeds into corn and feed ingredient prices. Coal's relative price advantage also shifts power-sector fuel demand.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-06-25 | [Natural gas prices rally as global shortages abound](https://feedsoft.ai/events/46762-natural-gas-prices-rally-as-global-shortages-abound.md) | +10.5% | +21.6% |
| NATGAS | 2021-08-26 | [Asian gas importers brace for steep winter LNG prices \| S&P Global](https://feedsoft.ai/events/45734-asian-gas-importers-brace-for-steep-winter-lng-prices-s-and-p-global.md) | +14.4% | +25.1% |
| NATGAS | 2022-08-25 | [Why are global gas prices so high?](https://feedsoft.ai/events/40207-why-are-global-gas-prices-so-high.md) | -2.9% | -20.2% |
| NATGAS | 2021-11-04 | [Nitrogen fertilizer shortage threatens to cut global crop yields -CF Industries \| Reuters](https://feedsoft.ai/events/44339-nitrogen-fertilizer-shortage-threatens-to-cut-global-crop-yields-cf-industries.md) | -16.2% | -27.7% |
| NATGAS | 2021-08-01 | [Global Gas Prices Rally Amid Strong Demand](https://feedsoft.ai/events/46256-global-gas-prices-rally-amid-strong-demand.md) | +6.3% | +11.0% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/global-gas-shortage-helps-lift-prices-united-states-kemp-2021-10-19/

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