Natural gas futures rose in New York for the second time in three days as forecasts showed colder weather moving across the U.S., signaling increased demand for the heating fuel. Temperatures may be below normal over central and western states in the next two weeks, according to the National Weather Service. Private forecasts predict a [...]
Natural gas prices in US have sunk to the lowest point in a decade as the shale drilling boom threatens to fill the nation’s underground storage network. Nymex February gas was $2.402 per m British thermal units early Thursday, down almost 50 per cent from a year ago to return to levels last reached in [...]
Natural gas prices are the lowest they’ve been in years, at least in the United States. But a year from now, the situation will look a lot different. Prices could be up to 50% higher. These days, natural gas producers are like the big homebuilders. Everyone hates them. Investment managers steer clients away from them, [...]