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Barchart
Barchart
Rich Asplund

The Outlook for Frigid US Temps Boosts Nat-Gas Prices

United States Nymex BNEF Natural Gas

February Nymex natural gas (NGG25) on Friday closed up by +0.288 (+7.78%).

Feb nat-gas prices Friday extended this week's rally to a 1-1/2 week high.  Nat-gas rallied sharply Friday on the outlook for frigid US temperatures in the next two weeks, which will boost heating demand for nat-gas.  NatGasWeather .com said Friday that an arctic blast of cold air will settle across most of the interior of US from January 19-24.  

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