# Natural Gas: Near-Term Bearishness Could Persist With $3.70 Support Under Threat | Investing.com

> Natural gas prices slipped into a correction as EIA forecasts pointed to lower average prices this year than current levels. Updated weather models forecast milder temperatures over the next two weeks, reducing heating demand. Key support sits near $3.70.

- Date: 2025-01-22 · published 2025-01-22T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/6349-natural-gas-near-term-bearishness-could-persist-with-3-70-support-under-threat
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Milder weather forecasts reduce heating demand and pressure near-term gas prices, lowering energy costs for feed processing. The EIA's longer-term price rise view suggests the decline may be temporary.

## Read by commodity

- NATGAS: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| NATGAS | 2025-01-27 | 5 | -40.6% | -4.9 | Milder two-week forecasts reduced heating demand and triggered a correction with $3.70 support under threat, adding bearish sentiment. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-11-10 | [Natural Gas: Warm Weather, Market Dynamics Create Havoc for Bulls \| Investing.com](https://feedsoft.ai/events/7582-natural-gas-warm-weather-market-dynamics-create-havoc-for-bulls-investing-com.md) | +34.0% | +18.6% |
| NATGAS | 2024-10-16 | [Waning Weather Support Sends Natural Gas Futures Tumbling; Cash Prices Slip with Demand](https://feedsoft.ai/events/10304-waning-weather-support-sends-natural-gas-futures-tumbling-cash-prices-slip-with.md) | -17.1% | -2.9% |
| NATGAS | 2022-10-14 | [Natural Gas Prices Suffer Longest US Losing Streak in 21 Years - Bloomberg](https://feedsoft.ai/events/12788-natural-gas-prices-suffer-longest-us-losing-streak-in-21-years-bloomberg.md) | -19.5% | -15.7% |
| NATGAS | 2016-10-24 | [U.S. Natural Gas Futures Slide Most Since July On Warm Midwest \| Investor's Business Daily](https://feedsoft.ai/events/10116-u-s-natural-gas-futures-slide-most-since-july-on-warm-midwest-investor-s.md) | -1.7% | -8.0% |
| NATGAS | 2026-01-07 | [Natural Gas Is Trading Like The Winter Is Over](https://feedsoft.ai/events/7833-natural-gas-is-trading-like-the-winter-is-over.md) | +3.6% | +58.0% |

## Sources

- investing.com: https://www.investing.com/analysis/natural-gas-nearterm-bearishness-could-persist-with-370-support-under-threat-200656493

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