U.S. Natural Gas Sees Its Best Ever Start To The Year

U.S. Natural Gas Sees Its Best Ever Start To The Year

OilPrice.com

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Cold temperatures that have increased the demand for heat have catapulted U.S. natural gas futures to their strongest start to a year yet. Year to date, February futures rose 27%--a record—as February natural gas futures rose 11.49% to $4.742 per million BTUs at 1:43 pm EST on Wednesday. The catalyst behind the increase in natural gas futures is a batch of freakishly cold weather hitting the East Coast, along with a winter storm that is now barreling toward the south. Millions woke up to a deep freeze on Sunday as a snow bomb cyclone ravaged…

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