# Frigid weather elevates US Northeast power and gas prices | S&P Global

> Prolonged cold across the US Northeast drove power and gas prices higher ahead of New Year's Day. ISO New England Mass Hub on-peak power traded near $170/MWh, and Algonquin city-gate gas jumped over $2 to $18.76/MMBtu. December Algonquin averaged $14.96/MMBtu, up 64% from the prior year.

- Date: 2025-12-31 · published 2025-12-31T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/7194-frigid-weather-elevates-us-northeast-power-and-gas-prices-s-and-p-global
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Regional gas price spikes in the Northeast signal tight near-term supply and higher energy costs for feed mills and processors, though the effect on national benchmark prices is limited.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2024-11-11 | [Nat-Gas Prices Surge on Lower US Gas Output and Colder US Weather](https://feedsoft.ai/events/7027-nat-gas-prices-surge-on-lower-us-gas-output-and-colder-us-weather.md) | +20.1% | +73.4% |
| NATGAS | 2018-01-06 | [Frigid weather sends heating prices soaring as energy usage spikes](https://feedsoft.ai/events/5979-frigid-weather-sends-heating-prices-soaring-as-energy-usage-spikes.md) | -0.0% | -22.4% |
| NATGAS | 2025-02-11 | [Nat-Gas Prices Supported by Colder US Weather](https://feedsoft.ai/events/8696-nat-gas-prices-supported-by-colder-us-weather.md) | +46.3% | +30.3% |
| NATGAS | 2018-11-06 | [Natural gas prices surge on surprise forecast for cold US weather](https://feedsoft.ai/events/6487-natural-gas-prices-surge-on-surprise-forecast-for-cold-us-weather.md) | +9.1% | +24.8% |
| NATGAS | 2026-05-28 | [Nat-Gas Prices Surge as Storage Tightens and US Weather Turns Hotter](https://feedsoft.ai/events/19436-nat-gas-prices-surge-as-storage-tightens-and-us-weather-turns-hotter.md) | +0.2% | +6.2% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/electric-power/123125-frigid-weather-elevates-us-northeast-power-and-gas-prices

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