Continued Cold Risks Help NatGas Futures Find Upward Momentum

  • April settles at $2.777, up 2.8 cents and up around 8 cents from last Friday’s settle
  • “Increasing potential” for cold to return to northern and eastern U.S. March 21-15: NatGasWeather
  • Market could test $2.90 based on recent upward momentum, says Powerhouse’s Levine
  • SoCal Citygate down on moderating demand; Aliso Canyon withdrawals prompt protests
  • Breaking: EIA reports a 57 Bcf withdrawal from natural gas storage for the week ending March 2
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