# Natural Gas Bulls Find Support With Colder Weather Outlook. However, Upside Potential Remains Limited With Longevity Of Cold Weighing | Seeking Alpha

> The November natural gas contract settled up about 4% to $2.329/MMBtu on October 3 as forecast models shifted colder through mid-October. The analysis notes that the storage build was bearish and that upside is limited unless the cold lasts.

- Date: 2019-10-04 · published 2019-10-04T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/56759-natural-gas-bulls-find-support-with-colder-weather-outlook-however-upside
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Colder forecasts give short-term support to gas prices, but without sustained cold, heating demand is unlikely to lift the market.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2025-02-11 | [Nat-Gas Prices Supported by Colder US Weather](https://feedsoft.ai/events/8696-nat-gas-prices-supported-by-colder-us-weather.md) | +46.3% | +30.3% |
| NATGAS | 2025-10-20 | [Cold Snap Ignites US Natural Gas Market, Reshaping Winter Outlook](https://feedsoft.ai/events/7792-cold-snap-ignites-us-natural-gas-market-reshaping-winter-outlook.md) | +15.3% | +41.4% |
| NATGAS | 2024-11-11 | [Nat-Gas Prices Surge on Lower US Gas Output and Colder US Weather](https://feedsoft.ai/events/7027-nat-gas-prices-surge-on-lower-us-gas-output-and-colder-us-weather.md) | +20.1% | +73.4% |
| NATGAS | 2023-04-17 | [Cool Late-April Outlook Sends Natural Gas Futures Swinging Higher, while Cash Rebounds](https://feedsoft.ai/events/36594-cool-late-april-outlook-sends-natural-gas-futures-swinging-higher-while-cash.md) | +11.5% | +6.5% |
| NATGAS | 2016-11-02 | [Why natural gas supply will be crucial in preventing winter power outages \| Utility Dive](https://feedsoft.ai/events/9179-why-natural-gas-supply-will-be-crucial-in-preventing-winter-power-outages.md) | -8.4% | +16.8% |

## Sources

- seekingalpha.com: https://seekingalpha.com/article/4295137-natural-gas-bulls-find-support-with-colder-weather-outlook-however-upside-potential-remains

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