U.S. Natural Gas Futures Surges 4 Percent

Reuters reported that U.S. natural gas futures surged 4 percent.

As quoted in the market news:

The contract rose as high as $2.679 in electronic trade, the highest mark for a front month contract the 3-1/2-month high of $2.759 in mid-May. But that jump was said to remove gas from favor over coal for power generation.

Click here to read the full Reuters report.