# Cold weather, higher exports result in record natural gas demand - BIC Magazine

> Much colder-than-normal temperatures across the United States pushed U.S. natural gas demand on January 1, 2018 to 150.7 billion cubic feet, a record according to PointLogic. Higher power, industrial, and Mexican export demand plus LNG feedstock needs added to the record, and day-ahead prices neared $30/MMBtu in the Northeast.

- Date: 2018-01-05 · published 2018-01-05T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/5980-cold-weather-higher-exports-result-in-record-natural-gas-demand-bic-magazine
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Sustained winter demand tightens gas supply and raises power and fuel costs, while elevated gas prices increase nitrogen fertilizer and processing costs that feed through to feed prices.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-02-16 | [Natural Gas Prices Hit Historic $999/MMBtu High as Unrivaled Cold Strains Supply, Fuels Record Demand](https://feedsoft.ai/events/48844-natural-gas-prices-hit-historic-999-mmbtu-high-as-unrivaled-cold-strains-supply.md) | -27.6% | -40.0% |
| NATGAS | 2025-10-21 | [Chilly Fronts Goose Heating Demand, Sending Natural Gas Futures Higher](https://feedsoft.ai/events/7790-chilly-fronts-goose-heating-demand-sending-natural-gas-futures-higher.md) | +5.7% | +26.2% |
| NATGAS | 2017-11-06 | [Natural Gas Futures Rally on Forecasts for More Heating Demand By Investing.com](https://feedsoft.ai/events/10188-natural-gas-futures-rally-on-forecasts-for-more-heating-demand-by-investing-com.md) | +11.4% | +2.9% |
| NATGAS | 2023-04-17 | [Nat-Gas Prices Surge on Cold U.S. Temps and Record LNG Exports](https://feedsoft.ai/events/36595-nat-gas-prices-surge-on-cold-u-s-temps-and-record-lng-exports.md) | +11.5% | +6.5% |
| NATGAS | 2024-07-29 | [Warmer Weather, Increased Demand Jump Start Global Natural Gas Prices — LNG Recap](https://feedsoft.ai/events/29452-warmer-weather-increased-demand-jump-start-global-natural-gas-prices-lng-recap.md) | -3.3% | -3.7% |

## Sources

- bicmagazine.com: https://www.bicmagazine.com/industry/natgas-lng/180106-record-natural-gas/
- eia.gov: https://www.eia.gov/TODAYinENERGY/detail.php?id=34412

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