# Natural gas prices surge 18 percent, jumping most in 4 years

> Natural gas futures jumped 18 percent on Wednesday to a four-year high on record trading volume of over 1.2 million contracts. The surge followed colder weather forecasts and fears of a tight winter supply, with storage at a 15-year low for the time of year. The move was the biggest one-day gain in years.

- Date: 2018-11-14 · published 2018-11-14T12:00:00.000Z
- Category: weather · region US · magnitude high
- Page: https://feedsoft.ai/events/9431-natural-gas-prices-surge-18-percent-jumping-most-in-4-years
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A record one-day rally driven by cold forecasts and low storage signals that prices may stay elevated through winter, raising energy costs for feed processors and grain driers. The volatility also reflects heavy short-covering that could amplify further weather-driven moves.

## Read by commodity

- NATGAS: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| NATGAS | 2018-11-14 | 1 | +8.6% | 3.6 | Reports a record-volume futures surge to a four-year high on 2018-11-14 driven by colder forecasts and a 15-year-low storage position, which matches the date of the move (demand and supply tightness). |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2025-12-01 | [U.S. natural gas prices surge 4% to 35-month high in cold snap \| Gas Processing & LNG](https://feedsoft.ai/events/21695-u-s-natural-gas-prices-surge-4-to-35-month-high-in-cold-snap-gas-processing-and.md) | +11.0% | -4.3% |
| NATGAS | 2022-11-07 | [Natural gas prices jump 8% as inflation fears resurface - IG UK](https://feedsoft.ai/events/7578-natural-gas-prices-jump-8-as-inflation-fears-resurface-ig-uk.md) | +5.0% | -4.9% |
| NATGAS | 2019-01-14 | [Natural gas prices spike 13 percent on forecasts for long, severe cold](https://feedsoft.ai/events/9209-natural-gas-prices-spike-13-percent-on-forecasts-for-long-severe-cold.md) | +14.3% | -10.7% |
| NATGAS | 2021-06-25 | [Natural Gas Prices Surge to Two-Year High, with July Futures Up Four Straight Days](https://feedsoft.ai/events/46763-natural-gas-prices-surge-to-two-year-high-with-july-futures-up-four-straight.md) | +10.5% | +21.6% |
| NATGAS | 2018-10-04 | [Natural gas prices have surged over the last month — here's why](https://feedsoft.ai/events/62745-natural-gas-prices-have-surged-over-the-last-month-here-s-why.md) | +3.7% | +1.2% |

## Sources

- cnbc.com: https://www.cnbc.com/2018/11/14/natural-gas-prices-surge-jumping-as-much-20-percent-in-wild-trading.html

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