Natural Gas Cash Prices Surge Down South on Wintry Weather; Futures Retreat

After rallying to above $3.200 last week, natural gas futures retreated Tuesday as forecasts showed milder temperatures arriving later this month. Meanwhile, unusually cold conditions in the South to start the week -- including wintry precipitation in Southeast Texas -- drove up spot prices across the region. The NGI National Spot Gas Average climbed 28 cents to $5.43/MMBtu. Read More

Another Round of Arctic Cold Lifts Natural Gas Spot Prices; Futures Surge to $3.20

Coming off a record storage pull, and with the latest weather data trending colder, prompt-month natural gas futures rallied Friday to their highest levels since November. Meanwhile, the arrival of more cold weather saw elevated winter pricing return to the cash market, especially along the East Coast; the NGI National Spot Gas Average jumped $1.97 to $5.15/MMBtu. Read More