Natural gas prices on Monday rose nearly 10 percent as lofty hopes of an economic stimulus deal in the United States persist, an increase in LNG exports, and positive reports of President Donald Trump’s bout with the coronavirus reinvigorates the markets after traders were spooked last week. At 1:50 p.m. EDT, natural gas spot prices were trading up $0.241 MMBtu (+9.89%) at $2.679. While some reports suggested that colder temperatures in the MidWest were responsible for the surge in natural gas prices, NatGasWeather predicted that national demand for the fuel would be moderate on Monday and low the rest of the week due to very warm temperatures in the rest of the United States. So while demand is expected to perk up in the Great Lakes region, nationally, natural gas demand is determined to stay low for the remainder of the week. According to the Energy Information Administration, natural […]