# U.S. efforts to help supply Europe with natural gas take a hit.

> Two announcements on US efforts to help supply Europe with natural gas sent European gas prices up 16% on June 14, 2022. US natural gas prices moved in the opposite direction and fell more than 16%.

- Date: 2022-06-14 · published 2022-06-14T12:00:00.000Z
- Category: trade · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/6802-u-s-efforts-to-help-supply-europe-with-natural-gas-take-a-hit
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Europe's prices are set regionally, so supply-help announcements lift European gas while the US price falls, showing the widening transatlantic spread that drives LNG flows.

## Read by commodity

- NATGAS: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| NATGAS | 2022-06-21 | 5 | -23.8% | -3.0 | US LNG export setback diverted price pressure: US gas fell over 16% as supply was trapped domestically while European prices rose. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2017-01-31 | [Trump’s Mexico Feud May Send Natural Gas to $2 If Exports End - Bloomberg](https://feedsoft.ai/events/73139-trump-s-mexico-feud-may-send-natural-gas-to-2-if-exports-end-bloomberg.md) | -7.5% | -20.5% |
| NATGAS | 2019-12-05 | [Natural Gas Set To Fall Even Further \| OilPrice.com](https://feedsoft.ai/events/55768-natural-gas-set-to-fall-even-further-oilprice-com.md) | -6.3% | -13.2% |
| NATGAS | 2019-12-27 | [European LNG Imports Hit Record Levels as Global Market Shifts](https://feedsoft.ai/events/55766-european-lng-imports-hit-record-levels-as-global-market-shifts.md) | -4.3% | -10.3% |
| NATGAS | 2021-12-23 | [European Gas Plunges as Recent Rally Lures Flotilla of U.S. LNG](https://feedsoft.ai/events/43788-european-gas-plunges-as-recent-rally-lures-flotilla-of-u-s-lng.md) | -6.9% | +2.3% |
| NATGAS | 2019-02-27 | [Novatek, Shell see Russian gas keeping edge in Europe over U.S](https://feedsoft.ai/events/60789-novatek-shell-see-russian-gas-keeping-edge-in-europe-over-u-s.md) | +8.3% | -2.0% |

## Sources

- nytimes.com: https://www.nytimes.com/2022/06/14/business/natural-gas-prices-texas.html

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