# U.S. Natural Gas Abruptly Surges in Record Short Squeeze - Bloomberg

> U.S. natural gas surged as much as 72% ahead of the expiration of the thinly traded February contract as weather forecasts turned colder. CME Group confirmed the price jump.

- Date: 2022-01-27 · published 2022-01-27T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/6912-u-s-natural-gas-abruptly-surges-in-record-short-squeeze-bloomberg
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Colder forecasts boosted heating demand expectations, but the spike was amplified by a short squeeze in an illiquid contract. Higher natural gas costs raise energy and drying expenses for feed producers.

## Read by commodity

- NATGAS: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| NATGAS | 2022-01-27 | 1 | +21.0% | 4.6 | Bloomberg reported a record short squeeze with prices surging as much as 72% ahead of February expiry, directly explaining the outsized z-score move. |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2022-01-27/u-s-natural-gas-for-february-delivery-jumps-as-much-as-72

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