# Arctic blast sends natural gas prices to new record in North Carolina

> An arctic blast pushed natural gas spot prices to a record $175 per dekatherm in North Carolina and Virginia, up from about $3 average, after temperatures fell below 10 degrees in Charlotte. Duke Energy and Dominion Energy attributed the spike to transportation shortages and cited it in support of the Atlantic Coast Pipeline, which opponents dispute.

- Date: 2018-01-09 · published 2018-01-09T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/5984-arctic-blast-sends-natural-gas-prices-to-new-record-in-north-carolina
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

The spike is driven by transport bottlenecks rather than supply shortage, so it signals regional delivery constraints that can recur during cold snaps and lift Southeast energy costs.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2021-02-11 | [Arctic Blast Sends US Gas Prices Soaring \| Energy Intelligence](https://feedsoft.ai/events/5577-arctic-blast-sends-us-gas-prices-soaring-energy-intelligence.md) | +55.3% | -18.9% |
| NATGAS | 2026-01-20 | [Natural gas prices soar as cold snap blasts across the U.S.](https://feedsoft.ai/events/6506-natural-gas-prices-soar-as-cold-snap-blasts-across-the-u-s.md) | +323.2% | -0.0% |
| NATGAS | 2024-12-03 | [Key global natural gas prices set to keep rising into 2025](https://feedsoft.ai/events/27138-key-global-natural-gas-prices-set-to-keep-rising-into-2025.md) | -0.5% | +12.3% |
| NATGAS | 2022-03-01 | [China’s Gas Prices Surge to Record as World Grapples with Shortage](https://feedsoft.ai/events/42883-china-s-gas-prices-surge-to-record-as-world-grapples-with-shortage.md) | +10.2% | +24.4% |

## Sources

- energysure.com: https://energysure.com/news/2018/1/9/Arctic-blast-sends-natural-gas-prices-to-new-record-in-North-Carolina.aspx

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