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NATURAL GAS PRICES HIT $5 FOR THE FIRST TIME SINCE 2010

Rob WileJan 24, 2014, 21:26 IST

Natural gas contracts have hit $5 for the first time since 2010, Bloomberg reports.

Despite surging production, a weeks-long cold snap across the U.S. has caused demand to surge. Supplies have fallen 4% this week.

Prices are up 5% alone today.

Chart:

Investing.com