Research firm HFI noted that the latest 10-15-day weather forecast is pointing towards colder than usual weather The EIA said last week it expected average natural gas prices to reach $5.53 per mmBtu over the next months Natural gas prices in the United States could hit $6 per million British thermal units if forecasts for a cold start to the winter season materialize, HFI Research has reported. In a Seeking Alpha article , the research firm noted that the latest 10-15-day weather forecast is pointing towards colder than usual weather, while supply is not growing and gas in storage is unlikely to grow further this year after an injection of 20 billion cu ft last week. The analysis noted that the cold spell may be temporary, citing forecast data for Alaska. However, it would be enough to push prices higher while production seems to be in decline. The Energy […]