December NYMEX natural gas rose 23.2 cents, more than 7%, to $3.230/MMBtu over the week, touching a seven-week high of $3.340 on Nov 12. U.S. LNG feedgas hit a record 20.4 Bcf/d on Nov 9, and EIA reported a 61 Bcf storage build leaving inventories 2.0% above the five-year average.
Record LNG feedgas pulls more U.S. gas into export plants, tightening domestic balances and supporting prices. Higher natural gas costs raise fertilizer and drying expenses for feed producers, though EIA's cut to its winter Henry Hub forecast limits the upside.
After 155 past bullish macro events, Natural Gas moved a median +0.1% over 5 sessions (51% higher; middle half -4.0% to +7.1%), and +2.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.