# Natural gas prices have surged over the last month — here's why

> US natural gas futures rose about 12% over the past month to roughly $3.16/mmBtu, hitting a seven-month high of $3.26 on Wednesday. Stockpiles are heading into winter at their lowest in at least a decade, and a hotter-than-usual autumn raised power demand. Nuclear plant outages added to the rally, though prices eased 2% after a 98 Bcf storage injection.

- Date: 2018-10-04 · published 2018-10-04T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/62745-natural-gas-prices-have-surged-over-the-last-month-here-s-why
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Tight storage going into winter raises the risk of a heating-season price spike, which lifts feed-plant energy and drying costs. Higher gas prices also support ethanol and DDGS production costs.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2025-12-01 | [U.S. natural gas prices surge 4% to 35-month high in cold snap \| Gas Processing & LNG](https://feedsoft.ai/events/21695-u-s-natural-gas-prices-surge-4-to-35-month-high-in-cold-snap-gas-processing-and.md) | +11.0% | -4.3% |
| NATGAS | 2018-11-06 | [Natural gas prices surge on surprise forecast for cold US weather](https://feedsoft.ai/events/6487-natural-gas-prices-surge-on-surprise-forecast-for-cold-us-weather.md) | +9.1% | +24.8% |
| NATGAS | 2020-08-03 | [Why Natural Gas Prices Just Exploded \| OilPrice.com](https://feedsoft.ai/events/10738-why-natural-gas-prices-just-exploded-oilprice-com.md) | +20.9% | +40.9% |
| NATGAS | 2022-12-08 | [European Natural Gas Prices Surge as Winter Blast Stokes Demand](https://feedsoft.ai/events/11510-european-natural-gas-prices-surge-as-winter-blast-stokes-demand.md) | +27.9% | -29.6% |
| NATGAS | 2021-02-01 | [Wintry Weather Lifts Natural-Gas Prices  - WSJ](https://feedsoft.ai/events/48840-wintry-weather-lifts-natural-gas-prices-wsj.md) | +20.6% | +4.5% |

## Sources

- cnbc.com: https://www.cnbc.com/2018/10/04/natural-gas-prices-have-surged-over-the-last-month-heres-why.html

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