Natural gas prices spike on cold weather and lowest early season supply in 15 years
Natural gas storage is at a 5 year low and we have a brief cold spell….so natural gas traders have run the market up.
In the graph below, the thick blue line is the current season… this is well below the 5 year average.
Natural gas prices have moved to their highest since Feb 2018.
…due to a little cold weather.
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http://www.thonline.com/news/tri-state/article_13b4f4e3-3b47-555c-a828-8e1ef4ffac2c.html