Natural Gas Futures Climb on Revised Forecasts of Cold Weather

Natural gas futures rose for a second day on revised forecasts showing below-normal temperatures in the central and eastern U.S. at the end of February.

Gas rose 1.3 percent as midday updates from forecasters including MDA Federal Inc.’s EarthSat Energy Weather predicted colder-than-normal weather across the Northeast and parts of the Midwest from Feb. 25 through March 1. Earlier forecasts from the Rockville, Maryland-based company showed normal or above-normal temperatures in those regions.