# U.S. natgas futures down nearly 5% on warmer weather forecasts - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com

> U.S. natural gas futures fell nearly 5% on December 23, 2019, to $2.214 per mmBtu, their steepest daily drop in over three weeks. Forecasts for warmer-than-normal weather over the next two weeks cut expected heating demand. Prices had already fallen about 20% from an early-November eight-month high.

- Date: 2019-12-23 · published 2019-12-23T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/7844-u-s-natgas-futures-down-nearly-5-on-warmer-weather-forecasts-energy-news-top
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Lower heating-degree-day forecasts reduce expected demand and slow storage draws, which keeps natural gas prices under pressure. Feed buyers may see softer gas-linked input costs, such as nitrogen fertilizer and ethanol-related feedstock margins.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2025-01-17 | [US NatGas Prices Drop 5% From 2-Year High on Milder Late Jan Weather Forecasts - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/6344-us-natgas-prices-drop-5-from-2-year-high-on-milder-late-jan-weather-forecasts.md) | -8.1% | -3.3% |
| NATGAS | 2026-01-01 | [US Natgas Futures Fall Over 5% on Above Normal Weather Outlook, Eye Annual Gain - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/7835-us-natgas-futures-fall-over-5-on-above-normal-weather-outlook-eye-annual-gain.md) | -17.9% | +45.6% |
| NATGAS | 2023-01-04 | [Natural Gas Prices Are Plunging On a Warmer Start to Winter - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/9188-natural-gas-prices-are-plunging-on-a-warmer-start-to-winter-energy-news-top.md) | -8.8% | -32.9% |
| NATGAS | 2020-09-18 | [U.S. natgas futures ease to 7-week low as output rises after Hurricane Sally - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/6764-u-s-natgas-futures-ease-to-7-week-low-as-output-rises-after-hurricane-sally.md) | +13.5% | +35.5% |
| NATGAS | 2026-07-11 | [US Natgas Falls 4% to 8-Week Low on Milder Weather Outlook, Lower LNG Export Flows - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/8660-us-natgas-falls-4-to-8-week-low-on-milder-weather-outlook-lower-lng-export.md) | -0.1% | -7.9% |

## Sources

- energynow.com: https://energynow.com/2019/12/u-s-natgas-futures-down-nearly-5-on-warmer-weather-forecasts/

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