# Natural Gas Prices in Europe Fall to Pre-Invasion Levels - The New York Times

> European natural gas prices have fallen well below pre-invasion levels after the continent found alternatives to Russian gas, implemented widespread conservation, and experienced a relatively mild winter. The decline reflects rebuilt supplies and reduced demand.

- Date: 2023-01-03 · published 2023-01-03T12:00:00.000Z
- Category: macro · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/9189-natural-gas-prices-in-europe-fall-to-pre-invasion-levels-the-new-york-times
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Lower European gas prices signal reduced LNG import pressure and easing competition for global cargoes, supporting weaker natural gas prices. Cheaper energy lowers production costs for European feed and fertilizer makers.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2020-05-11 | [Natural Gas Exports Slow as Pandemic Reduces Global Demand - The New York Times](https://feedsoft.ai/events/10443-natural-gas-exports-slow-as-pandemic-reduces-global-demand-the-new-york-times.md) | -7.2% | -2.7% |
| NATGAS | 2019-09-13 | [IHS Markit: US natural gas price will fall to levels not seen since 1970s \| World Pipelines](https://feedsoft.ai/events/57254-ihs-markit-us-natural-gas-price-will-fall-to-levels-not-seen-since-1970s-world.md) | -0.1% | -13.8% |
| NATGAS | 2021-03-12 | [Asia and LNG Are Disrupting Europe’s Natural Gas Price Model - Bloomberg](https://feedsoft.ai/events/48283-asia-and-lng-are-disrupting-europe-s-natural-gas-price-model-bloomberg.md) | -8.1% | -6.7% |
| NATGAS | 2026-05-01 | [While Asia and Europe scramble for natural gas, the US glut has nowhere to go \| Reuters](https://feedsoft.ai/events/19434-while-asia-and-europe-scramble-for-natural-gas-the-us-glut-has-nowhere-to-go.md) | +1.2% | +22.6% |
| NATGAS | 2019-05-07 | [Natural gas and coal: Plunging prices](https://feedsoft.ai/events/59268-natural-gas-and-coal-plunging-prices.md) | +5.3% | -3.9% |

## Sources

- nytimes.com: https://www.nytimes.com/2023/01/03/business/europe-natural-gas-prices.html

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