Prices Soar As Natural Gas Inventories Hit Decade Low

Natural gas prices have spiked over the last few weeks as U.S. inventories run low ahead of the peak winter heating season.

Nymex natural gas prices have jumped nearly 15 percent over the past month, rising to roughly $3.30 per million Btu (MMBtu). The market has clearly grown a little concerned about adequate supplies heading into the winter and that is reflected in natural gas prices rising to their highest point since the beginning of the year.

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