# U.S. gas stocks and prices normalize after cold snap: Kemp | Financial Post

> US gas prices have fallen back to pre-February cold snap levels after the freeze, with July 2021 futures down to $2.65 from a $3.10 peak. Storage at 1,793 bcf on March 5 was 7% below the five-year average, but weekly draws have slowed.

- Date: 2021-03-16 · published 2021-03-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/48289-u-s-gas-stocks-and-prices-normalize-after-cold-snap-kemp-financial-post
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Easing gas prices and a rebuilding storage outlook lower energy and nitrogen fertilizer cost pressure for feed producers heading into spring.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/u-s-gas-stocks-and-prices-normalize-after-cold-snap-kemp

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