, Columnist
The Bomb Cyclone Breezes Into the Gas Market
Nasty weather is boosting prices in the short term, but longer-dated futures are frozen in place.
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Natural gas is a miserable market, and not just because prices have collapsed over the past decade. It's a market that thrives on your misery and discomfort: Prices spike when you're cranking up the air conditioning to stave off a muggy summer and also when you're shivering in the depths of winter.
Right now, as you may be experiencing, is a robust example of the latter: