columbia gulf

Lightning Reportedly Strikes as Columbia Gulf Fire Appears to Spark Natural Gas Futures Rally

Lightning Reportedly Strikes as Columbia Gulf Fire Appears to Spark Natural Gas Futures Rally

Natural gas futures were surging in early-morning trading Friday as the market reacted to reports of volumes being shut in at a Columbia Gulf compressor station in Mississippi following a lightning strike. After trading around $2.300/MMBtu as of 8 a.m. ET, the June contract quickly shot up to above $2.500 shortly after 8:30 a.m. ET.…

April 28, 2023