Natural gas futures surged Monday, reaching a new 52-week high as colder-than-usual temperatures are forecasted for January in the eastern U.S. February futures jumped approximately 15% during the session, driven by updates from The Weather Co. and Atmospheric G2 predicting below-average temperatures from Florida to Maine and parts of the Great Lakes. AccuWeather meteorologists added that colder conditions could lead to snow and ice storms during January's first half, with natural gas freeze offs potentially disrupting production.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Natural gas futures surge Monday reaching a new 52-week high as colder than usual temperatures
00:07are forecasted for January in the eastern U.S. February futures jumped approximately 15 percent
00:13during the session, driven by updates from the weather company and atmospheric G2 predicting
00:18below-average temperatures from Florida to Maine and parts of the Great Lakes. AccuWeather
00:23meteorologists added that colder conditions could lead to snow and ice storms during January's
00:28first half, with natural gas freeze-offs potentially disrupting production. For all
00:33things money visit benzinga.com slash gstv