# Gas Sees Biggest 1-Day Price Increase Since 1990

> The February Henry Hub natural gas contract jumped from about $4.85 to near $7.35/MMBtu in the final 30 minutes of trading and settled at $6.265. Analysts called it the biggest one-day price increase since the contract began in 1990.

- Date: 2022-02-02 · published 2022-02-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9228-gas-sees-biggest-1-day-price-increase-since-1990
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

The move was driven by a short squeeze on thin volume rather than new supply or demand news, but it reflects highly volatile gas pricing.

## Read by commodity

- NATGAS: bullish ▲

## Sources

- pipexch.com: https://pipexch.com/gas-sees-biggest-1-day-price-increase-since-1990/

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