Natural Gas Rises for Fourth Day as Cold Snap Extends to April
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Natural gas climbed for a fourth day in New York, closing at the highest price in almost four months, on speculation that a cold start to spring will buoy demand for heating fuel.
Gas rose 0.3 percent as MDA Weather Services predicted that below-normal temperatures will linger in most of the lower 48 states through April 1. The futures have climbed 23 percent from a one-month low on Feb. 15 as unusually cold weather helped reduce a stockpile glut.