Bloomberg news reported on Saturday that US natural gas production plummeted nearly 10% in on day, as a devastating winter storm battered the nation. It was the largest one-day decline in over ten years.
In one day, production fell by 2.8 million cubic meters compared to the previous day, as temperatures plummeted across key producing regions, dropping below freezing, according to BloombergNEF data.
Meanwhile as temperatures dropped, demand for the fuel rose to its highest daily level since the beginning of 2013.
One of the largest investor-owned utilities in the US, Duke Energy, asked customers across Ohio and Kentucky on Saturday to reduce their energy usage, due to a lack of capacity.
Winter storm Elliot had hammered most of the US earlier in the week, as it swept across the nation and caused widespread power outages for roughly 1.7 million homes and businesses.
Millions of people remained in their homes to wait out the storm, as it created a deep overnight freeze into Sunday. The storm killed 18 people, and trapped many residents in their homes due to heaping snow drifts in some areas.
The storm also hit the travel industry hard, causing over 7,000 flights to be delayed and 3,500 to be cancelled. Authorities warned citizens that given conditions they should not attempt to travel by car.