December, Like November, Looks Warm to U.S. Natural Gas Traders
- Beginning of December will follow in November's warm footsteps
- Weather means money spent or saved for the eastern U.S.
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If you saw the snow pile up in Chicago recently or the flurries descend on the Patriots-Broncos football game in Denver, it’d be easy to conclude that it’s gotten cold in the U.S.
As far as natural gas traders are concerned, November wasn’t cold at all and December looks like more of the same. At least that’s the case in the parts of the U.S. where temperatures affect natural gas demand and prices. In terms of heating days, November has been one of the warmest in the last 15 years, said Matt Rogers, president of Commodity Weather Group LLC in Bethesda, Maryland.