# Gas Line, Q4 2020

> CSIS's quarterly Gas Line reviews the strong rebound in global gas prices, with JKM rising from about $2 in April 2020 to over $14/MMBtu at year-end and TTF up almost sixfold since summer. The commentary discusses how the price recovery could support investment in long-term gas supply. It also highlights volatility and the gap between US and overseas prices.

- Date: 2021-01-04 · published 2021-01-04T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/49340-gas-line-q4-2020
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Higher global gas prices improve the outlook for new LNG supply investment, which over time affects energy costs for fertilizer and feed production.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2024-11-21 | [US natural gas drillers to lift 2025 output, reversing year of cuts](https://feedsoft.ai/events/27590-us-natural-gas-drillers-to-lift-2025-output-reversing-year-of-cuts.md) | +21.1% | +23.5% |
| NATGAS | 2020-06-30 | [TTF gas prices \| European Gas Hub](https://feedsoft.ai/events/52801-ttf-gas-prices-european-gas-hub.md) | +7.6% | +7.4% |
| NATGAS | 2018-06-12 | [America's Gas Exports May Double Prices by 2040 - Bloomberg](https://feedsoft.ai/events/64717-america-s-gas-exports-may-double-prices-by-2040-bloomberg.md) | -0.1% | -4.4% |
| NATGAS | 2020-08-31 | [Natural gas prices \| European Gas Hub](https://feedsoft.ai/events/51817-natural-gas-prices-european-gas-hub.md) | -15.6% | -23.3% |
| 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% |

## Sources

- csis.org: https://www.csis.org/analysis/gas-line-q4-2020

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