Natural gas prices dropped on Monday, in a shorten session due to the US MLK holiday. Prices retraced some of the gains experienced in the tail end of the Friday session ahead of the long weekend. Colder than normal weather is expected to cover most of the mid-west and east coast for the next 2-week which should substantially reduce inventories. The prediction from the National Oceanic Atmospheric Administration shows that some areas of the mid-west will experience brutal temperatures. Heating demand will be increase significantly putting downward pressure on inventories. Natural gas prices found support near the ... (full story)