US natural gas futures bottomed on Oct. 24 after a 50% haircut on warmer weather. In the last two weeks, prices have staged a rally on the prospect of cold weather and tighter supplies. Last Monday, we penned a note titled "US NatGas Spikes As Temperatures Are About To Dive Nationwide." Now, with colder weather sweeping across the US, NatGas prices are up a staggering 49% in eleven sessions. On Monday morning alone, NatGas futures are up 10%. Bloomberg said the move higher is weather-related, "as a winter storm hits the Pacific Northwest and frigid weather is expected across most of the country." National Oceanic and ... (full story)