U.S. Natural Gas Prices Surge 45% in Two Days Due to Arctic Cold ...Middle East

U.S. natural gas futures jumped by more than 45% in just two days as Arctic cold is descending on the eastern United States with freezing temperatures and warnings of dangerous life-threatening wind chills.  On Tuesday, the benchmark U.S. natural gas futures at Henry Hub soared by 23% amid the cold snap and short covering. Natural gas futures jumped by another 22% early on Wednesday, and were headed for their biggest weekly gain in 35 years.  The benchmark gas prices surged from $3.40 per million British thermal units (MMBtu) on Monday…

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