# Markets stunned as Henry Hub approaches $5/MMBtu | Global Gas Analytics

> The Henry Hub front-month natural gas futures price is rising toward $5/MMBtu as US gas storage enters the withdrawal season at depleted levels. Analysts forecast the US will end the withdrawal season with only around 30 bcm in storage.

- Date: 2018-11-20 · published 2018-11-20T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/62207-markets-stunned-as-henry-hub-approaches-5-mmbtu-global-gas-analytics
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Tight US gas supplies push up gas-fired power costs and make Henry Hub-indexed LNG less competitive; for feed buyers, higher natural gas raises drying and processing costs and can shift feed grain demand toward other uses.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2024-12-17 | [Global natural gas market outlook: European supply challenges and regional demand dynamics](https://feedsoft.ai/events/27140-global-natural-gas-market-outlook-european-supply-challenges-and-regional.md) | +7.0% | +40.3% |
| NATGAS | 2022-08-26 | [US LNG export terminals stage production push as European gas prices top $100/MMBtu \| S&P Global](https://feedsoft.ai/events/40206-us-lng-export-terminals-stage-production-push-as-european-gas-prices-top-100.md) | -1.1% | -27.9% |
| NATGAS | 2022-08-25 | [Why are global gas prices so high?](https://feedsoft.ai/events/40207-why-are-global-gas-prices-so-high.md) | -2.9% | -20.2% |
| NATGAS | 2021-12-14 | [The emerging global natural gas market and the energy crisis of 2021-2022 \| Brookings](https://feedsoft.ai/events/43786-the-emerging-global-natural-gas-market-and-the-energy-crisis-of-2021-2022.md) | -1.2% | +7.3% |
| NATGAS | 2021-08-01 | [Global Gas Prices Rally Amid Strong Demand](https://feedsoft.ai/events/46256-global-gas-prices-rally-amid-strong-demand.md) | +6.3% | +11.0% |

## Sources

- interfaxenergy.com: https://interfaxenergy.com/analytics/article/33364/markets-stunned-as-henry-hub-approaches-5mmbtu

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