Cold Weather, Snow Driving NatGas Spot Prices Higher Across U.S.

Reuters is reporting natural gas prices across North America have “soared” over the past few days as homes and businesses cranked up their heaters to escape a blast of arctic air and snow moving from Canada to the U.S. Midwest and northeast. The price of natgas trading at the Waha Hub in the Texas Permian Basin is at its highest since December 2018. Here in the northeast prices in Boston and New York City hit fresh one-year highs over the past few days. And it’s the same in Pittsburgh and northeastern PA.

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