# Nat-Gas Prices Fall on the Outlook for Above-Average US Temps

> February Nymex natural gas closed down 0.118 (-3.35%) on Thursday after WSI forecasts showed broad above-normal temperatures across the western and central US over the next week. The weekly EIA report showed a larger-than-expected inventory draw of 119 bcf, but production near record highs and mild demand outlooks weighed on prices.

- Date: 2026-01-08 · published 2026-01-08T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/8588-nat-gas-prices-fall-on-the-outlook-for-above-average-us-temps
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Warmer forecasts reduce heating demand and weigh on natural gas prices, while record US output adds bearish supply pressure. Lower gas prices reduce energy costs for feed processing, and the effect is modest for feed grain prices.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2025-07-01 | [Nat-Gas Prices Pressured by the Outlook for Cooler US Temps](https://feedsoft.ai/events/24409-nat-gas-prices-pressured-by-the-outlook-for-cooler-us-temps.md) | -0.9% | -9.0% |
| NATGAS | 2025-06-24 | [Nat-Gas Prices Fall on Forecasts for Cooler US Weather](https://feedsoft.ai/events/24407-nat-gas-prices-fall-on-forecasts-for-cooler-us-weather.md) | -6.7% | -5.2% |
| NATGAS | 2024-10-14 | [Nat-Gas Prices Tumble as US Weather Forecasts Warm](https://feedsoft.ai/events/10301-nat-gas-prices-tumble-as-us-weather-forecasts-warm.md) | -17.8% | -27.1% |
| NATGAS | 2026-07-10 | [Nat-Gas Prices Fall on Cooler Weather and Ample Supplies](https://feedsoft.ai/events/8664-nat-gas-prices-fall-on-cooler-weather-and-ample-supplies.md) | -8.0% | -15.2% |
| NATGAS | 2025-06-23 | [US natgas prices fall to 1-week low on rising output, end of heat wave in sight](https://feedsoft.ai/events/24406-us-natgas-prices-fall-to-1-week-low-on-rising-output-end-of-heat-wave-in-sight.md) | +0.8% | +2.5% |

## Sources

- barchart.com: https://www.barchart.com/story/news/36955550/nat-gas-prices-fall-on-the-outlook-for-above-average-us-temps

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