# The Glutted World Gas Market

> Forbes reports that the US natural gas glut is spreading to global markets as large new supply arrives over the next few years. Projected 2015-2020 supply growth of 44% is expected to keep prices depressed.

- Date: 2017-03-16 · published 2017-03-16T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/72173-the-glutted-world-gas-market
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Persistent oversupply keeps gas prices low, which pressures high-cost producers and limits energy-driven cost increases for feed makers.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2017-04-06 | [Europe, the heart of the global gas market \| Wood Mackenzie](https://feedsoft.ai/events/71665-europe-the-heart-of-the-global-gas-market-wood-mackenzie.md) | -5.1% | -1.8% |
| NATGAS | 2017-03-30 | [The reshaping of the global LNG market](https://feedsoft.ai/events/72170-the-reshaping-of-the-global-lng-market.md) | +4.6% | -0.0% |
| NATGAS | 2020-04-02 | [Feature: Unfettered global natural gas market a sign of the times](https://feedsoft.ai/events/53828-feature-unfettered-global-natural-gas-market-a-sign-of-the-times.md) | +11.2% | +8.8% |
| NATGAS | 2020-05-14 | [How Will Natural Gas Navigate The Post-Coronavirus World?](https://feedsoft.ai/events/10441-how-will-natural-gas-navigate-the-post-coronavirus-world.md) | +13.4% | +12.8% |
| NATGAS | 2020-06-16 | [Price Convergence of Global Gas Markets](https://feedsoft.ai/events/52797-price-convergence-of-global-gas-markets.md) | -0.1% | +5.4% |

## Sources

- forbes.com: https://www.forbes.com/sites/michaellynch/2017/03/16/the-glutted-world-gas-market/

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