Spot natural gas prices across much of the Western US surged to record highs in Feb. 12 trading as arctic weather fueled extreme localized demand, pushing supply and deliverability to their physical limit. Hubs across the Midcontinent led the surge in prices again Feb. 12 as weather forecasts predicted the coldest temperatures in more than …
The post Historic cold overwhelms Western US gas markets, driving price to record highs first appeared on Hellenic Shipping News Worldwide.
Author: Capt...