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Natural Gas Steady as Cold Weather Continues in Eastern States
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Natural Gas Steady as Cold Weather Continues in Eastern States
Feb 12, 2025 6:56 AM

09:17 AM EST, 02/12/2025 (MT Newswires) -- Natural gas was steady at a two-week high early on Wednesday, supported by cold temperatures in big eastern markets that are keeping heating demand high.

Gas for March delivery was last seen unchanged at US$3.52 per million British thermal units, the highest since Dec.29.

Temperatures for most eastern states are currently colder than seasonal, boosting heating demand.

"Several frosty weather systems will track across the US over the next 11-days for strong national demand and to increase deficits further," NatGasWeather noted.

The long-term outlook from the National Weather Service sees colder than seasonal temperatures sticking over states east of the Rocky Mountains for the next six to 14 days.

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