U.S. Energy Information Administration (EIA)·US·
EIA raises natural gas price forecast following increased heating demand amid severe winter weather
Natural gas prices rose sharply in January, averaging $7.72 per million British thermal units (MMBtu), as cold weather increased heating demand, reduced production, and led to record storage withdrawals during Winter Storm Fern. The drawdown for the week ending January 30 was the largest weekly net withdrawal recorded in the history of EIA's Weekly Natural Gas Storage Report.
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