# Natural Gas Prices Soar as Hurricane Disruptions and Rising LNG Demand Shake Markets

> Natural gas prices rose as Hurricane Rafael disrupted Gulf of Mexico production and rising US LNG exports to Europe supported demand. The article notes prices remain below earlier-year levels.

- Date: 2024-11-12 · published 2024-11-12T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/7030-natural-gas-prices-soar-as-hurricane-disruptions-and-rising-lng-demand-shake
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Hurricane-related supply losses and strong LNG export pull raise the US gas price floor. Higher gas costs feed through to fertilizer and energy expenses for feed producers.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2017-09-12 | [Asian LNG prices spike as Hurricane Harvey disrupts exports - Nikkei Asia](https://feedsoft.ai/events/69143-asian-lng-prices-spike-as-hurricane-harvey-disrupts-exports-nikkei-asia.md) | +7.3% | -2.2% |
| NATGAS | 2020-08-28 | [GLOBAL LNG-Asia LNG price hovers above $4/mmBtu as hurricane disrupts US exports \| Gas Processing & LNG](https://feedsoft.ai/events/51818-global-lng-asia-lng-price-hovers-above-4-mmbtu-as-hurricane-disrupts-us-exports.md) | -5.8% | -20.9% |
| NATGAS | 2020-10-09 | [Natural Gas Forward Market Volatility Ramps Up as Delta Slashes LNG Demand](https://feedsoft.ai/events/50808-natural-gas-forward-market-volatility-ramps-up-as-delta-slashes-lng-demand.md) | +25.7% | +42.2% |
| NATGAS | 2019-08-29 | [Natural Gas Rises as Hurricane Dorian Heads Toward U.S. - WSJ](https://feedsoft.ai/events/57753-natural-gas-rises-as-hurricane-dorian-heads-toward-u-s-wsj.md) | +9.7% | +11.2% |
| NATGAS | 2022-05-17 | [A hot summer could send rising natural gas prices shooting even higher](https://feedsoft.ai/events/41571-a-hot-summer-could-send-rising-natural-gas-prices-shooting-even-higher.md) | +5.4% | -7.3% |

## Sources

- chemanalyst.com: https://www.chemanalyst.com/NewsAndDeals/NewsDetails/natural-gas-prices-soar-as-hurricane-disruptions-and-rising-lng-demand-31366

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