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Barchart
Barchart
Rich Asplund

THE TRUTH ABOUT: Nat gas prices soar on incoming cold weather - The Untold Story

United States Nymex BNEF EIA Natural Gas

January Nymex natural gas (NGF26) on Tuesday closed up +0.443 (+11.17%).

Jan nat-gas prices on Tuesday soared on heavy short-covering pressure after the plunge seen in mid-December.  Tuesday's rally was sparked by colder forecasts for the East Coast.  Xweather forecasted that a storm system will bring cold temperatures through the Midwest and Eastern seaboard by the end of December.

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