Natural Gas Futures Rise to Five-Month High

- January 22nd, 2011

Bloomberg reports that Natural gas futures climbed to the highest price in more than five months for a second day.

Bloomberg reports that Natural gas futures climbed to the highest price in more than five months for a second day.

The market news is quoted as saying:

Gas advanced for a fifth week as temperatures may be below normal in the eastern U.S. through Feb. 4, according to MDA Federal Inc.’s EarthSat Energy Weather in Rockville, Maryland. U.S. stockpiles last week were 1.9 percent above the five-year average, down from a 5.8 percent surplus a week earlier, the Energy Department said yesterday.

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