# Natural gas prices surge as energy transition-driven demand outstrips supply

> Bloomberg reports that cheap natural gas has ended as demand outpaced new supply this year, with European gas hitting records and Asian LNG deliveries near all-time highs. Producers are curbing investment in new supply under pressure from investors and governments.

- Date: 2021-08-06 · published 2021-08-06T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/45736-natural-gas-prices-surge-as-energy-transition-driven-demand-outstrips-supply
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Structural underinvestment in gas supply points to sustained high gas prices, which raise energy and fertilizer costs for feed production.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-07-23 | [Natural gas price nears three-year high as summer heat strains supply](https://feedsoft.ai/events/46254-natural-gas-price-nears-three-year-high-as-summer-heat-strains-supply.md) | +0.8% | -4.5% |
| NATGAS | 2018-11-09 | [US natural gas prices soar on export and power demand amid low inventories in all regions](https://feedsoft.ai/events/62210-us-natural-gas-prices-soar-on-export-and-power-demand-amid-low-inventories-in.md) | +22.9% | +27.0% |
| NATGAS | 2019-03-24 | [A New Trend In Natural Gas: Just-In-Time Supply \| OilPrice.com](https://feedsoft.ai/events/60258-a-new-trend-in-natural-gas-just-in-time-supply-oilprice-com.md) | -2.0% | -6.7% |
| NATGAS | 2024-12-17 | [Global natural gas market outlook: European supply challenges and regional demand dynamics](https://feedsoft.ai/events/27140-global-natural-gas-market-outlook-european-supply-challenges-and-regional.md) | +7.0% | +40.3% |
| 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

- worldoil.com: https://www.worldoil.com/news/2021/8/6/natural-gas-prices-surge-as-energy-transition-driven-demand-outstrips-supply

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