​NatGas Prices Near Breakout Level Ahead Of Cold Blob Invasion – Tyler Durden

NatGas Prices Near Breakout Level Ahead Of Cold Blob Invasion US natural gas futures are up 2.5% in late afternoon trading, reaching $2.98 per mmBtu, driven by new forecasts showing a shift in cold weather from the West Coast to the East next week. This suggests households may crank up their thermostats for the first time this season as a proper chill sets in.  Private weather forecaster BAMWX published a new mid-day GEFS run for late November that shows “massive cold trends” for the eastern half of the US.  “The pattern supports the cold stretch and we have a better tap to cold…  — Continue at ZeroHedge News : Read More