February natural gas prices entered the US trading session under pressure, despite headlines talking up the snow storm in the Northeast. Perhaps that is because the latest six to 10 day weather maps forecast much of the cold blanketing the US leaving the central part of the country into January 5th. Meanwhile, some traders point to an elevated level of offline US nuclear capacity and expectations for another large EIA storage draw this week as forces offering support.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
