# Mild Weather Dims Natural Gas ETF Outlook

> Natural gas futures fell 7.1% to $2.97 per MMBtu on Wednesday, and the United States Natural Gas Fund dropped 6.3%. Forecasts showed temperatures would be milder than expected over the next 6-14 days, reducing the earlier cold-snap premium.

- Date: 2018-02-01 · published 2018-02-01T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/7447-mild-weather-dims-natural-gas-etf-outlook
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Milder forecasts reduce expected heating demand and pull natural gas prices lower. Lower gas costs can ease energy expenses for feed mills and processors.

## Read by commodity

- NATGAS: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| NATGAS | 2018-02-05 | 5 | -22.6% | -4.3 | Milder 6-14 day forecasts cut expected heating demand and removed the cold-snap premium, driving a 7.1% one-day futures drop within the window. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2026-01-05 | [U.S. Natural Gas Extends Losses on Milder Weather Outlook - WSJ](https://feedsoft.ai/events/7828-u-s-natural-gas-extends-losses-on-milder-weather-outlook-wsj.md) | -20.7% | -0.8% |
| NATGAS | 2026-01-02 | [US natural gas futures start year lower on mild weather outlook](https://feedsoft.ai/events/7832-us-natural-gas-futures-start-year-lower-on-mild-weather-outlook.md) | -17.9% | +45.6% |
| NATGAS | 2025-01-21 | [U.S. Natural Gas Futures Fall on Milder February Outlook - WSJ](https://feedsoft.ai/events/6343-u-s-natural-gas-futures-fall-on-milder-february-outlook-wsj.md) | -40.6% | -18.8% |
| NATGAS | 2017-01-03 | [Warm January Outlook Sends Natural Gas ETFs Reeling](https://feedsoft.ai/events/11911-warm-january-outlook-sends-natural-gas-etfs-reeling.md) | -16.0% | -13.2% |
| NATGAS | 2025-01-27 | [As Weather Outlooks Erase Cold, Natural Gas Futures Tank on Weaker Demand Expectations](https://feedsoft.ai/events/26693-as-weather-outlooks-erase-cold-natural-gas-futures-tank-on-weaker-demand.md) | -24.1% | -0.2% |

## Sources

- etftrends.com: https://www.etftrends.com/mild-weather-dims-natural-gas-etf-outlook/

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