Natural-gas prices had one of their strongest surges of the year Thursday with investors betting the glutted market has hit a bottom. Prices have lingered at historic lows because of a glut in storage. The U.S. Energy Information Administration said Thursday stockpiles grew another 12 billion cubic feet last week, a time of year when stockpiles usually fall. They are now 54% larger than they usually are at this time of year. But gas futures were adding to gains despite the glut, with investors betting they could make big gains from a market rebound, analysts said. Supply appears to be falling from a record pace and consumption could be much higher than usual this April, luring some bullish speculators into the market, analysts said. Natural gas for May delivery settled up 10.7 cents, or 2.2%, at $1.911 a million British thermal units on the New York Mercantile Exchange. It […]