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Rich Asplund

Nat-Gas Prices Soar on Colder U.S. Temps

United States Nymex BNEF Natural Gas

May Nymex natural gas (NGK23) on Tuesday closed up +0.091 (+4.00%).

May nat-gas Tuesday rallied sharply for a second day and posted a 4-week high.  Nat-gas prices rallied on outlook for colder temperatures in the U.S. that would boost heating demand for nat-gas in the northern regions of the country.  The Commodity Weather Group said colder to much colder-than-normal weather is seen across the eastern half of the U.S. from April 23-27.

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