Natural Gas Prices Soar 60% in Two Days As Cold Wave Grips U.S.—What That Means For You
KEY TAKEAWAYS An Arctic cold blast and winter storm forecast have boosted expectations for heating demand, sending natural gas prices sharply higher this week.The extended forecast predicts colder-than-normal weather through the end of January, and the U.S. isn't alone.It typically takes at least a few months for price fluctuations in the natural gas market to affect retail prices. U.S. natural gas prices soared for a second straight day Wednesday as brutal Arctic cold bears down on much of the country. ...