Natural Gas Futures Rise Near Seven-Week High on Colder Weather

- March 24th, 2011

Bloomberg reports that natural gas futures surged to the highest price in seven weeks.

Bloomberg reports that natural gas futures surged to the highest price in seven weeks.

The market news is quoted as saying:

Gas gained 1.9 percent as the U.S. Climate Prediction Center in Camp Springs, Maryland, said the eastern half of the U.S. has a strong probability of being cooler than normal through April 5. Hundreds of flights were canceled from Chicago to New York today as a storm dropped snow from Montana to the Atlantic.

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