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Rich Asplund

Nat-Gas Prices Rally on Cold US Temps

United States Nymex EIA BNEF Natural Gas

January Nymex natural gas (NGF26) on Thursday closed up by +0.068 (+1.36%).

Jan nat-gas prices recovered from early losses and added to this week's gains on Thursday, rising to a nearly 3-year nearest-futures high.   Weather forecasts for below-normal US temperatures that will boost nat-gas heating demand have fueled a sharp rally in prices over the past week.  Forecaster Atmospheric G2 said Thursday that the eastern half of the US is forecast to be colder than normal for December 9-13.  

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