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Rich Asplund

Nat-Gas Prices Moderately Higher as U.S. Weather Forecasts Shift Colder

United States Atmospheric G2 Nymex BNEF Natural Gas

January Nymex natural gas (NGF24) on Thursday closed up +0.057 (+2.44%).

Nat-gas prices Thursday posted moderate gains as short-covering emerged after the weather forecast for the eastern half of the U.S. shifted colder for next week.  Forecaster Atmospheric G2 said weather forecasts for the eastern half of the U.S. are much colder than previously expected from Dec 19-23, which will boost heating demand for nat -gas.  

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