# Dutch outbid British for gas as freeze exposes supply limits

> Same-day UK and Dutch gas prices more than doubled as freezing weather boosted heating demand. Unplanned outages, including a Norwegian processing plant and the only Netherlands-to-UK pipeline, plus Dutch production curbs and the closure of Britain's largest storage site, tightened supply.

- Date: 2018-02-28 · published 2018-02-28T12:00:00.000Z
- Category: weather · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/66667-dutch-outbid-british-for-gas-as-freeze-exposes-supply-limits
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Europe's gas supply stress raises energy and fertilizer input costs and can pull LNG cargoes away from other buyers, supporting natural gas prices.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2024-01-12 | [US power and natgas prices soar as extreme freeze hits natgas supplies](https://feedsoft.ai/events/4184-us-power-and-natgas-prices-soar-as-extreme-freeze-hits-natgas-supplies.md) | -16.5% | -42.6% |
| NATGAS | 2021-10-25 | [Natural Gas Surges as U.S. Forecasts Stoke Winter Supply Jitters](https://feedsoft.ai/events/11756-natural-gas-surges-as-u-s-forecasts-stoke-winter-supply-jitters.md) | +5.2% | -4.0% |
| NATGAS | 2022-02-02 | [U.S. Natural Gas Skyrockets as Market Awaits Freeze-Offs \| Financial Post](https://feedsoft.ai/events/9224-u-s-natural-gas-skyrockets-as-market-awaits-freeze-offs-financial-post.md) | -16.0% | -7.5% |
| NATGAS | 2024-01-14 | [Frigid temps cut US natural gas supply as demand soars, Texas faces possible shortfall By Reuters](https://feedsoft.ai/events/5287-frigid-temps-cut-us-natural-gas-supply-as-demand-soars-texas-faces-possible.md) | -63.9% | -73.3% |
| NATGAS | 2022-04-05 | [US Henry Hub gas futures top $6 as wintry weather, supply concerns linger](https://feedsoft.ai/events/42051-us-henry-hub-gas-futures-top-6-as-wintry-weather-supply-concerns-linger.md) | +13.6% | +38.2% |

## Sources

- worldoil.com: https://www.worldoil.com/news/2018/2/28/dutch-outbid-british-for-gas-as-freeze-exposes-supply-limits/

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