February Natural Gas Surges Ahead of Expiration; Mixed Signals Seen for March

Prompt-month natural gas futures rocketed higher Monday, marking the most expensive contract expiration in more than a year as weather models continued to advertise mid-February cold risks. The forecast arrival of some wintry weather drove spot prices higher in the Northeast as prices in the West languished, and the NGI National Spot Gas Average climbed 75 cents to $4.03/MMBtu. Read More