U.S. GAS UPDATE: Futures Higher on Outlook for Warmer Temperatures
The Wall Street Journal
Natural-gas futures prices rose for a second day Tuesday on expectations that warmer temperatures predicted for the eastern U.S. will boost demand. "Natural gas has kept its rally boots on, as warmer-than-normal conditions through mid-June for all of the U.S. bar the West Coast and the Southeast is encouraging further buying interest," said Matt Smith, analyst at Summit Energy.
