Nat-Gas Prices Soar on Pipeline Outage in Appalachia

October Nymex natural gas (NGV26 ) on Thursday closed up +0.274 (+9.06%). Nat-gas prices jumped to a 2.5-month nearest-futures high on Thursday and settled sharply higher after TC Energy’s Columbia Gas Transmission pipeline in Appalachia sent out a force majeure to customers due to an “unexpected mechanical issue,” prompting fund...Jack up drilling rigs off coast by Elliot Day via Pixabay