Natural gas prices soar as cold temperatures spread over U.S.
Natural gas prices soar as cold temperatures spread over U.S. Brian K. Sullivan, Bloomberg FacebookTwitterEmail Prices for natural gas, propane and heating oil, fuels used to heat homes, are surging as cold sets in over most of the U.S. Spot gas at the Waha hub in Texas traded at a two-year high Monday while, at Boston’s Algonquin City Gate hub, prices neared a two-year high. Demand for propane has surged to its highest since 2004. A parade of snowstorms is threatening to roll through the Eastern U.S. over the next few days while bitter cold stabs through the heart of the country, driving...
Source: lmtonline.com