Natural Gas Prices Soar To 9-Year Highs As Cold Forecast Bites

Natural gas prices shot through the roof on Wednesday as weather forecasts called for an increasingly cold winter in what is looking like a tightly supplied market.

Natural gas spot prices had climbed by more than 10 percent shortly after 11:00am EST, to reach $4.512—a price that traders haven’t seen since Fall 2014.

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