Natural gas surges ahead of winter storm: Here's what you need to know
CNBC Television·2026-01-23 18:31
That really has been fireworks for Nat Gas this week with the commodity now on track for its best week on record and it could just be getting started. Everything now depends on the direction of the storm. Now, so far EBW analytics forecasts 3 billion cubic feet per day have been lost on the supply side thanks to freezeoffs.That number could hit hit 80 BCF over the duration of the storm. The weekly storage draw is also forecast to be the second largest on record. And the spread between the front month and se ...