# Arctic Blast Sends US Gas Prices Soaring | Energy Intelligence

> Physical US natural gas spot prices spiked to some of their highest levels on record as an Arctic air mass pushed heating demand sharply higher across North America. Spot gas at several hubs traded above $300 per million Btu, with peaks near $400.

- Date: 2021-02-11 · published 2021-02-11T12:00:00.000Z
- Category: weather · region US · magnitude high
- Page: https://feedsoft.ai/events/5577-arctic-blast-sends-us-gas-prices-soaring-energy-intelligence
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Extreme heating demand and supply disruptions raise feed-grain drying and energy costs, and can lift corn and ethanol-related input costs through higher natural gas prices.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2024-01-12 | [Arctic Blast Forecast Drives US Gas Futures to Two-Month High \| Energy Intelligence](https://feedsoft.ai/events/5288-arctic-blast-forecast-drives-us-gas-futures-to-two-month-high-energy.md) | -16.5% | -42.6% |
| NATGAS | 2026-01-23 | [Natural-Gas Prices Soar as U.S. Braces for Arctic Blast - WSJ](https://feedsoft.ai/events/4760-natural-gas-prices-soar-as-u-s-braces-for-arctic-blast-wsj.md) | -2.8% | -52.5% |
| NATGAS | 2018-01-06 | [Frigid weather sends heating prices soaring as energy usage spikes](https://feedsoft.ai/events/5979-frigid-weather-sends-heating-prices-soaring-as-energy-usage-spikes.md) | -0.0% | -22.4% |
| NATGAS | 2018-01-09 | [Arctic blast sends natural gas prices to new record in North Carolina](https://feedsoft.ai/events/5984-arctic-blast-sends-natural-gas-prices-to-new-record-in-north-carolina.md) | +44.4% | -3.8% |
| NATGAS | 2022-11-07 | [US Natgas Futures Surge on Coming Cold \| Energy Intelligence](https://feedsoft.ai/events/7576-us-natgas-futures-surge-on-coming-cold-energy-intelligence.md) | +5.0% | -4.9% |

## Sources

- energyintel.com: https://www.energyintel.com/0000017b-a7dc-de4c-a17b-e7de9f2c0000

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