# Market Watch | Energy Intelligence

> The September gas futures contract closed at $2.07/MMBtu, down 5.1 cents on the day, after nearly dropping below $2. Maintenance at a Creole Trail Pipeline compressor station reduced daily flows to Sabine Pass LNG by 1.5 Bcf/d.

- Date: 2019-08-04 · published 2019-08-04T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/7906-market-watch-energy-intelligence
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Reduced feedgas to LNG export terminals loosens the domestic balance and adds bearish pressure on prompt gas prices. Lower gas prices reduce energy costs for feed mills.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-06-14 | [Months-Long Freeport LNG Outage Roils Gas Markets  \| Energy Intelligence](https://feedsoft.ai/events/6804-months-long-freeport-lng-outage-roils-gas-markets-energy-intelligence.md) | -23.8% | -24.1% |
| NATGAS | 2018-03-09 | [Global Gas Markets Ease as Traders Handle Papua Outage; Winter Demand Drops - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/66179-global-gas-markets-ease-as-traders-handle-papua-outage-winter-demand-drops.md) | -3.1% | -0.8% |
| NATGAS | 2019-10-28 | [Taste The Pain - Permian Natural Gas Prices Get Crushed, Again \| RBN Energy](https://feedsoft.ai/events/12170-taste-the-pain-permian-natural-gas-prices-get-crushed-again-rbn-energy.md) | +15.2% | +15.9% |
| NATGAS | 2020-04-20 | [Waha spot gas price eyes record low in intraday trading \| S&P Global](https://feedsoft.ai/events/12204-waha-spot-gas-price-eyes-record-low-in-intraday-trading-s-and-p-global.md) | +2.7% | -4.5% |
| NATGAS | 2019-08-02 | [Up-and-Down Week for Natural Gas Markets as Weekly Spot Prices Mixed](https://feedsoft.ai/events/7903-up-and-down-week-for-natural-gas-markets-as-weekly-spot-prices-mixed.md) | -6.6% | +2.1% |

## Sources

- energyintel.com: https://www.energyintel.com/0000017b-a7d8-de4c-a17b-e7da6a520000

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