# Daily Natural Gas Market Update 2-4-22

> Spot natural gas prices fell about 11% after a 15.8% spike earlier in the week, despite a major winter storm across Texas and the central U.S. Storage fell 268 BCF in the week ended January 28, to 2.323 TCF, the largest weekly draw of the season, though still below the five-year average. Permian output fell more than 2 BCF/day from late January due to freeze-offs.

- Date: 2022-02-04 · published 2022-02-04T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/8461-daily-natural-gas-market-update-2-4-22
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Large storage draws and production losses tighten the balance and support prices, but a less extreme cold snap limits the upside. Gas price direction feeds into energy and fertilizer costs for feed producers.

## Read by commodity

- NATGAS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2026-06-04 | [Natural gas market: LNG trade disruptions and market rebalancing](https://feedsoft.ai/events/18988-natural-gas-market-lng-trade-disruptions-and-market-rebalancing.md) | +4.5% | +5.7% |
| NATGAS | 2018-08-23 | [Natural gas climbs after US inventory data](https://feedsoft.ai/events/63720-natural-gas-climbs-after-us-inventory-data.md) | -2.0% | +1.2% |
| NATGAS | 2023-06-01 | [EIA explores effects of liquefied natural gas exports on the U.S. natural gas market](https://feedsoft.ai/events/36121-eia-explores-effects-of-liquefied-natural-gas-exports-on-the-u-s-natural-gas.md) | +2.1% | +16.7% |
| NATGAS | 2020-10-12 | [global gas market \| European Gas Hub](https://feedsoft.ai/events/50810-global-gas-market-european-gas-hub.md) | -1.5% | +11.8% |
| NATGAS | 2018-08-07 | [Quarterly report – Natural gas prices - Cedigaz](https://feedsoft.ai/events/63719-quarterly-report-natural-gas-prices-cedigaz.md) | +2.5% | +1.3% |

## Sources

- stonex.com: https://www.stonex.com/en/insights/daily-natural-gas-market-update-2-4-22/

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