Highlights Sub-zero temperatures forecast in Midwest, Canada Winter Storm System to reach Midwest on Feb. 6 Cash prices for Feb. 6-8 flows of natural gas surged across the US on Feb. 5 as a major cold weather event is forecast to spike heating demand for gas and cause production freeze-offs. Midcontinent prices jump to highest levels since 2019 Natural Gas Pipeline-Nicor was trading 50 cents higher on the day to settle to $3.43/MMBtu Feb. 5, its highest price since March 2019. Likewise, the cash price for NGPL-Midcontinent Pool jumped 47 cents on the day to settle to $3.34/MMBtu as temperatures in Chicago reach negative lows. The National Weather Service announced that the winter storm system hitting the Northern Rockies will reach the Midwest later Saturday afternoon, bringing snowfall from Nebraska to Illinois. Chicago temperatures Feb. […]