Natural Gas Rises From 2-Year Low as Arctic Air Boosts Demand
This article is for subscribers only.
Natural gas rose from a two-year low in New York as a blast of wintry weather boosted demand for the heating fuel.
Cold air will sweep the central and eastern U.S. over the next five days, said Commodity Weather Group LLC. The low in Chicago overnight will drop to minus 3 degrees Fahrenheit (-19 Celsius) with the high tomorrow of minus 1, according to the National Weather Service. Prices have dropped to two-year lows below $3 per million British thermal units after an unusually mild start to the heating season.