# Natural Gas Futures Post Small Gain, but Weather 'Still Isn't Nearly Hot Enough'

> US natural gas futures posted a small gain as bearish weather forecasts offset slightly hotter outlooks for mid-August. September Nymex futures settled at $2.137 while the NGI spot average fell to $1.955/MMBtu. The forecaster said bears remain in control unless prices break below $2.20.

- Date: 2019-07-30 · published 2019-07-30T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/58273-natural-gas-futures-post-small-gain-but-weather-still-isn-t-nearly-hot-enough
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Weak gas prices reduce feedstock costs for nitrogen fertilizer and ethanol margins, while the bearish weather outlook offers little support for power-demand-driven price rallies.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2026-01-02 | [US natural gas futures start year lower on mild weather outlook](https://feedsoft.ai/events/7832-us-natural-gas-futures-start-year-lower-on-mild-weather-outlook.md) | -17.9% | +45.6% |
| NATGAS | 2020-11-03 | [US natural gas futures fall on milder weather - Markets - Business Recorder](https://feedsoft.ai/events/50350-us-natural-gas-futures-fall-on-milder-weather-markets-business-recorder.md) | -12.5% | -8.0% |
| NATGAS | 2026-10-28 | [Natural Gas News: Warm Weather Caps Rally as November Futures Expire \| FXEmpire](https://feedsoft.ai/events/264-natural-gas-news-warm-weather-caps-rally-as-november-futures-expire-fxempire.md) | +0.7% | — |
| NATGAS | 2022-02-07 | [Natural Gas ETFs Plunge on Warming Weather, But Russia Is a Wild Card](https://feedsoft.ai/events/8465-natural-gas-etfs-plunge-on-warming-weather-but-russia-is-a-wild-card.md) | -19.2% | -1.2% |
| NATGAS | 2026-02-02 | [US Natural Gas Plunges by Most in About 30 Years on Warm Weather - Bloomberg](https://feedsoft.ai/events/20798-us-natural-gas-plunges-by-most-in-about-30-years-on-warm-weather-bloomberg.md) | -30.8% | -46.8% |

## Sources

- naturalgasintel.com: https://naturalgasintel.com/news/natural-gas-futures-post-small-gain-but-weather-still-isnt-nearly-hot-enough/

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