# UPDATE 2-U.S. natgas up to highest since August as Hurricane Delta shuts output By Reuters

> US natural gas futures rose to their highest since August as Gulf producers shut wells ahead of Hurricane Delta, which was forecast to hit Louisiana with winds above 100 mph. A storage report showed a 75 bcf injection, in line with expectations and below the five-year average, keeping inventories on track for a record high by end-October.

- Date: 2020-10-08 · published 2020-10-08T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/8352-update-2-u-s-natgas-up-to-highest-since-august-as-hurricane-delta-shuts-output
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Production losses from the storm outweigh the comfortable storage position, supporting prices in the short term. Higher gas prices lift energy and fertilizer costs for feed manufacturers.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2020-10-07 | [U.S. natgas jumps over 5% as producers shut wells ahead of Hurricane Delta By Reuters](https://feedsoft.ai/events/8349-u-s-natgas-jumps-over-5-as-producers-shut-wells-ahead-of-hurricane-delta-by.md) | +14.2% | +37.1% |
| NATGAS | 2020-10-06 | [US natgas highest since November as hurricane shuts output, cold forecasts - Markets - Business Recorder](https://feedsoft.ai/events/8350-us-natgas-highest-since-november-as-hurricane-shuts-output-cold-forecasts.md) | +25.7% | +42.2% |
| NATGAS | 2020-08-28 | [UPDATE 2-U.S. natgas futures jump to fresh 9-month high following contract roll By Reuters](https://feedsoft.ai/events/51816-update-2-u-s-natgas-futures-jump-to-fresh-9-month-high-following-contract-roll.md) | -5.8% | -20.9% |
| NATGAS | 2020-08-26 | [US natgas rises to 9-month high as output collapses ahead of Hurricane Laura - Markets - Business Recorder](https://feedsoft.ai/events/51821-us-natgas-rises-to-9-month-high-as-output-collapses-ahead-of-hurricane-laura.md) | -5.8% | -23.5% |
| NATGAS | 2023-05-09 | [US natgas futures up 1% on daily output decline, Canadian wildfires \| Reuters](https://feedsoft.ai/events/36124-us-natgas-futures-up-1-on-daily-output-decline-canadian-wildfires-reuters.md) | +6.1% | -3.6% |

## Sources

- ca.investing.com: https://ca.investing.com/news/commodities-news/update-2us-natgas-up-to-highest-since-august-as-hurricane-delta-shuts-output-2274224

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