January Natural Gas Plunges to $2.40 as ‘Domination of Warmth’ Set to Continue in December

Snow Frozen January Snowy Street Winter

Though not completely unexpected, natural gas futures cratered Monday as long-range weather outlooks grew even milder. With December on track to come in within the Top 10 warmest on record, the January Nymex gas futures contract settled at $2.406, down 16.9 cents from Friday’s close. February dropped 15.3 cents to $2.433.

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