# Record-Breaking Cold Blast in U.S. Will Roil Markets Next Week - Bloomberg

> A late-winter cold blast was disrupting power and natural gas markets across the US, with temperatures forecast to reach record lows for the season. The grid operator covering the Dakotas to Louisiana warned of possible power-plant fuel restrictions, and Pacific Northwest power for Monday delivery hit its highest level in more than a decade.

- Date: 2019-03-02 · published 2019-03-02T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/7995-record-breaking-cold-blast-in-u-s-will-roil-markets-next-week-bloomberg
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Record heating demand and tight pipeline supply push gas and power prices higher during the cold spell. Higher energy costs can also raise the cost of gas-dependent processing and fertilizer inputs.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-02-12 | [Arctic Blast Grips U.S., Upending Markets, Setting Records - Bloomberg](https://feedsoft.ai/events/5583-arctic-blast-grips-u-s-upending-markets-setting-records-bloomberg.md) | -9.6% | -39.2% |
| NATGAS | 2018-01-02 | [Record-Setting Cold Shakes Up America’s Commodities Markets - Bloomberg](https://feedsoft.ai/events/4672-record-setting-cold-shakes-up-america-s-commodities-markets-bloomberg.md) | -13.3% | +2.7% |
| NATGAS | 2022-01-12 | [U.S. Natural Gas Extends Historic Rally as Cold Hits East Coast - Bloomberg](https://feedsoft.ai/events/43319-u-s-natural-gas-extends-historic-rally-as-cold-hits-east-coast-bloomberg.md) | +5.6% | -3.2% |
| NATGAS | 2022-12-08 | [US natgas futures surge on forecasts for colder weather - Markets - Business Recorder](https://feedsoft.ai/events/11507-us-natgas-futures-surge-on-forecasts-for-colder-weather-markets-business.md) | +27.9% | -29.6% |
| NATGAS | 2021-02-12 | [Record cold brings a windfall for small U.S. natural gas producers](https://feedsoft.ai/events/5581-record-cold-brings-a-windfall-for-small-u-s-natural-gas-producers.md) | -9.6% | -39.2% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2019-03-02/record-breaking-cold-blast-in-u-s-will-roil-markets-next-week

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