# US NatGas Prices Drop 5% From 2-Year High on Milder Late Jan Weather Forecasts - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com

> US natural gas futures dropped about 5% from a two-year high on forecasts of milder late-January weather. Extreme cold over the holiday weekend was still expected to freeze wells and push heating demand to record highs. Storage withdrawals were on track to erase the surplus over the five-year average.

- Date: 2025-01-17 · published 2025-01-17T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/6344-us-natgas-prices-drop-5-from-2-year-high-on-milder-late-jan-weather-forecasts
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Cold-driven storage draws and output losses tighten the gas balance and raise energy costs for grain drying and feed milling. The expected warming trend points to lower gas prices ahead, which eases those costs.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2019-12-23 | [U.S. natgas futures down nearly 5% on warmer weather forecasts - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/7844-u-s-natgas-futures-down-nearly-5-on-warmer-weather-forecasts-energy-news-top.md) | -7.7% | -17.5% |
| NATGAS | 2024-10-18 | [US Natgas Prices Hold Near 1-Month Low as LNG Feedgas Rise Offsets Mild Weather - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/10303-us-natgas-prices-hold-near-1-month-low-as-lng-feedgas-rise-offsets-mild-weather.md) | +0.0% | +6.9% |
| NATGAS | 2026-07-11 | [US Natgas Falls 4% to 8-Week Low on Milder Weather Outlook, Lower LNG Export Flows - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/8660-us-natgas-falls-4-to-8-week-low-on-milder-weather-outlook-lower-lng-export.md) | -0.1% | -7.9% |
| NATGAS | 2026-01-01 | [US Natgas Futures Fall Over 5% on Above Normal Weather Outlook, Eye Annual Gain - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/7835-us-natgas-futures-fall-over-5-on-above-normal-weather-outlook-eye-annual-gain.md) | -17.9% | +45.6% |
| NATGAS | 2023-01-04 | [Natural Gas Prices Are Plunging On a Warmer Start to Winter - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/9188-natural-gas-prices-are-plunging-on-a-warmer-start-to-winter-energy-news-top.md) | -8.8% | -32.9% |

## Sources

- energynow.com: https://energynow.com/2025/01/us-natgas-prices-drop-5-from-2-year-high-on-milder-late-jan-weather-forecasts/

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