U.S. Natural Gas Prices Spike Above $6 Amid Severe Winter Storm
U.S. natural gas prices jumped more than 17% on Monday, breaking above $6 for the first time since late 2022. The surge comes as Winter Storm Fern batters large parts of the country, knocking out power for hundreds of thousands and triggering widespread flight cancellations.
According to the National Weather Service, wind chills could plunge to -50°F (-45.6°C) across much of the eastern two-thirds of the U.S. this week, sharply increasing heating demand and tightening energy supplies.
Meanwhile, crypto markets showed strength:
$SOL trading at $123.94 (+1.26%)
$XRP at $1.9092 (+3.44%)
$AXS surged to $2.345 (+12.25%)#BreakingNews
