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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Rally on Forecasts for Wintry U.S. Conditions

February Nymex natural gas (NGG24) on Wednesday closed +0.100 (+3.89%).

Nat-gas prices on Wednesday added to Tuesday's gains and posted a 4-week high.   Gas prices rallied Wednesday on forecasts for colder U.S. temperatures that would boost heating demand for nat-gas.  Forecaster Maxar Technologies said Wednesday that a storm system next week will bring wintry conditions to the country's eastern half and snow in the Midwest Jan 8-12.      

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