# Natural gas prices spike 13 percent on forecasts for long, severe cold

> Front-month Henry Hub natural gas futures rose more than 13 percent on Monday, reaching a session peak of $3.539 per mmBtu, their highest since Dec. 27. Updated forecasts showed below-average temperatures persisting for two weeks as the cold spread from the Midwest toward the East Coast.

- Date: 2019-01-14 · published 2019-01-14T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/9209-natural-gas-prices-spike-13-percent-on-forecasts-for-long-severe-cold
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Heating demand is expected to rise while US gas stockpiles come under renewed pressure, supporting prices. Persistent cold forecasts give the market reason to bid natural gas higher.

## Read by commodity

- NATGAS: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| NATGAS | 2019-01-14 | 1 | +14.9% | 3.7 | Updated forecasts of two weeks of below-average temperatures lifted heating-demand expectations and pushed Henry Hub futures up more than 13% on the day, directly matching the move. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2018-11-06 | [Natural gas prices surge on surprise forecast for cold US weather](https://feedsoft.ai/events/6487-natural-gas-prices-surge-on-surprise-forecast-for-cold-us-weather.md) | +9.1% | +24.8% |
| NATGAS | 2021-10-25 | [U.S. natural gas prices soar 10% as cold winter forecasts develop](https://feedsoft.ai/events/11757-u-s-natural-gas-prices-soar-10-as-cold-winter-forecasts-develop.md) | +5.2% | -4.0% |
| NATGAS | 2022-02-14 | [U.S. natgas rises over 6% on colder forecasts, European price spike](https://feedsoft.ai/events/42881-u-s-natgas-rises-over-6-on-colder-forecasts-european-price-spike.md) | +13.3% | +15.9% |
| NATGAS | 2025-07-24 | [US natural gas prices climb on heat forecast, smaller storage build](https://feedsoft.ai/events/23959-us-natural-gas-prices-climb-on-heat-forecast-smaller-storage-build.md) | -2.1% | -9.8% |
| NATGAS | 2023-10-25 | [US natural gas prices up on cooler forecast - Markets - Business Recorder](https://feedsoft.ai/events/33803-us-natural-gas-prices-up-on-cooler-forecast-markets-business-recorder.md) | +18.8% | -6.0% |

## Sources

- cnbc.com: https://www.cnbc.com/2019/01/14/natural-gas-prices-spike-13-percent-on-forecasts-for-long-severe-cold.html

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