Highlights Average US temperature to drop into 30s F Jan. 2-3 Cold snap forecast to be short-lived in SE, NE, Texas Spot gas prices across the United States rose in Dec. 30 trading for Jan. 1-3 flows, as forecasts show a sharp temperature drop over the holiday weekend in regions that had recently seen unseasonably mild weather and tepid gas demand. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The largest drops were forecast in the Southeast, Texas, and Northeast, which will help lower the average US temperature to 38 degrees Fahrenheit Jan. 2 and 33 F Jan. 3, down from 50 F Dec. on 31. S&P Global Platts Analytics expects gas demand to rise sharply in tandem with the lower temperatures, boosted by both res/com and gas-fired power demand. Projections show an expectation that total US demand, excluding exports, will average 103.2 […]