# EIA raises November natural gas storage forecast after warm start to month

> The EIA's November STEO expects about 70 billion cubic feet more US gas in storage at end-November than previously forecast. It cut its Henry Hub forecast for November through March to an average of $2.87/MMBtu, 16% below last month's view, and raised its diesel and gasoline price forecasts.

- Date: 2026-11-13 · published 2026-11-13T12:10:43.090Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/97682-eia-raises-november-natural-gas-storage-forecast-after-warm-start-to-month
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A bigger storage cushion and lower Henry Hub outlook point to cheaper US gas, which eases feed-processing and fertilizer costs. The higher fuel price outlook partly offsets that for transport and drying costs.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2023-03-09 | [EIA Further Slashes Henry Hub Natural Gas Forecast After Record-Warmth in January, February](https://feedsoft.ai/events/37038-eia-further-slashes-henry-hub-natural-gas-forecast-after-record-warmth-in.md) | -3.2% | -14.4% |
| NATGAS | 2024-10-17 | [Early EIA Storage Support Fails to Hold and November Futures Sink with Demand](https://feedsoft.ai/events/10305-early-eia-storage-support-fails-to-hold-and-november-futures-sink-with-demand.md) | -7.8% | +8.4% |
| NATGAS | 2023-02-01 | [EIA forecasts lower wholesale U.S. natural gas prices in 2023 and 2024](https://feedsoft.ai/events/37942-eia-forecasts-lower-wholesale-u-s-natural-gas-prices-in-2023-and-2024.md) | -7.6% | +1.2% |
| NATGAS | 2024-11-03 | [Natural Gas News: Will Storage Levels and Mild Forecasts Keep Bulls at Bay? \| FXEmpire](https://feedsoft.ai/events/11714-natural-gas-news-will-storage-levels-and-mild-forecasts-keep-bulls-at-bay.md) | -7.6% | +61.0% |
| NATGAS | 2023-01-05 | [Bullish US natural gas storage report from EIA falls flat as NYMEX futures sell off](https://feedsoft.ai/events/9183-bullish-us-natural-gas-storage-report-from-eia-falls-flat-as-nymex-futures-sell.md) | -10.5% | -35.3% |

## Sources

- hydrocarbonengineering.com: https://www.hydrocarbonengineering.com/gas-processing/13112026/eia-raises-november-natural-gas-storage-forecast-after-warm-start-to-month/

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