Natural gas prices jump 25% as winter storm approaches [View all]
Source: NBC
Natural gas prices skyrocketed Tuesday as half of the country braces for a huge winter storm projected to hit this weekend.
The National Weather Service forecast a mix of winter weather that will bring “hazardous” cold, freezing rain and heavy snow starting Friday into next week for a huge section of the U.S., according to the National Weather Service.
The price of natural gas, which is used for household heating, jumped about 25% ahead of the anticipated frigid winter storm, which is likely to have consumers cranking up the heat to stay warm.
Consumers have already been dealing with high heating costs, and one analyst said the upcoming storm won’t help matters.
Read more: https://www.nbcnews.com/business/energy/natural-gas-prices-jump-25-winter-storm-approaches-rcna255054
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