Tag: Heating Demand
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U.S. Natural Gas Prices Surge 45% as Arctic Cold Grips the East
Arctic Cold Sparks a Heating Demand Surge The U.S. natural gas market faced a dramatic repricing in just two trading sessions as an Arctic cold front moved into the eastern United States. Benchmark futures surged more than 45%, reflecting a sharp rise in demand for heating as freezing temperatures and life-threatening wind chills threaten households…
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U.S. Natural Gas Prices Surge Amid Arctic Cold Snap
Arctic Cold Sparks a Sharp Jump in U.S. Natural Gas Prices U.S. natural gas futures surged more than 45% over a two-day span as an Arctic cold front pushes deep into the eastern United States. With freezing temperatures sweeping the region and life-threatening wind chills forecast in several states, energy markets roared higher on concerns…