Dramatically Warmer Weather Forecasts 'Final Nail in the Coffin' for Natural Gas
A major shift in weekend weather forecasts that may solidify this winter as one of the warmest on record sent Nymex natural gas futures plunging to fresh lows on Monday. The March Nymex contract tumbled 9.2 cents to settle at $1.766/MMBtu. April fell 8.8 cents to $1.804.