NYMEX pricing continued to rally this week, with contracts deliverable through next winter approaching the year-plus highs traded in January. Temperatures are expected to plunge lower early next week and remain well colder than normal through Thursday, February 20. Balance-of-month pricing is elevated across most of the country, as natural gas demand is expected to spike across all major sectors. Meanwhile, LNG export needs are at record highs, possibly exacerbating near-term market tightness.
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