Natural gas futures surged today following a new weather forecast showing hotter-than-normal temperatures over the short term.
It came on the hinges of last week's report that production hit 72 billion cubic feet a day.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Natural gas futures surged today following a new weather forecast showing hotter-than-normal temperatures over the short term.
It came on the hinges of last week's report that production hit 72 billion cubic feet a day.
But there's an ongoing financial meltdown that could keep the sector going strong...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Natural gas futures surged today following a new weather forecast showing hotter-than-normal temperatures over the short term.
It came on the hinges of last week's report that production hit 72 billion cubic feet a day.
But there's an ongoing financial meltdown that could keep the sector going strong...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Natural gas prices fell today during a month that has seen a huge rally in the energy sector.
The news comes on speculation that the EIA's weekly report may show a supply increase.