# Natural Gas Futures Prices Surge to Near $4.20 on EIA’s ‘Very Tight’ 29 Bcf Storage Build

> September natural gas futures settled near $4.18 after the EIA reported a 29 Bcf storage injection for the week ending August 20, well below the analyst median of 39 Bcf. The result was the tightest reading for the period and pushed futures to their highest settlement since December 2018.

- Date: 2021-08-26 · published 2021-08-26T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/45738-natural-gas-futures-prices-surge-to-near-4-20-on-eia-s-very-tight-29-bcf
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A storage build well below expectations signals tight US supply heading into winter, supporting higher gas prices.

## Read by commodity

- NATGAS: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| NATGAS | 2021-08-25 | 1 | +4.7% | 3.0 | The EIA storage report was released on 2021-08-26, after the 2021-08-25 move, so it cannot have caused it. It does show the tight US supply picture that was probably already building, so it is only a weak contributor. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2024-09-19 | [Natural Gas Futures Regain Footing as Bulls Win Tug-of-War After EIA Storage Print](https://feedsoft.ai/events/28491-natural-gas-futures-regain-footing-as-bulls-win-tug-of-war-after-eia-storage.md) | +14.4% | -0.4% |
| NATGAS | 2025-07-25 | [US natural Gas prices rebound on storage surprise – ING](https://feedsoft.ai/events/23962-us-natural-gas-prices-rebound-on-storage-surprise-ing.md) | -2.1% | -8.3% |
| NATGAS | 2025-08-28 | [US natural gas prices hit over 2-week high on smaller storage build, strong LNG exports — TradingView News](https://feedsoft.ai/events/23520-us-natural-gas-prices-hit-over-2-week-high-on-smaller-storage-build-strong-lng.md) | +7.6% | +2.4% |
| NATGAS | 2017-07-20 | [Natural Gas Prices Up Slighting After Lower Than Expected Storage Build \| OilPrice.com](https://feedsoft.ai/events/70137-natural-gas-prices-up-slighting-after-lower-than-expected-storage-build.md) | -5.4% | -5.6% |
| NATGAS | 2024-01-11 | [Natural Gas Futures Rise on Big Storage Withdrawal - WSJ](https://feedsoft.ai/events/4188-natural-gas-futures-rise-on-big-storage-withdrawal-wsj.md) | -11.3% | -41.9% |

## Sources

- naturalgasintel.com: https://naturalgasintel.com/news/natural-gas-futures-prices-surge-to-near-420-on-eias-very-tight-29-bcf-storage-build-2/

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