U.S. Natural Gas Rise As Colder Weather Rushes In

U.S. natural gas futures rose this week as colder weather with snow came into parts of the country. Although substantially lower than Asian or European gas prices, U.S. January futures for natural gas rose by 1.7 percent earlier today, to $4.127 per million British thermal units, according to Bloomberg. A day earlier, the contract gained 8.8 percent in the steepest one-day rise since October, again because of the weather forecast. The Wall Street Journal recalls the Monday jump in prices followed four weeks of declines. According to the Weather…