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Cold weather exceeded expectations, USA Henry Hub Natural Gas Futures surged over 20% during trading, is inflation cooling down in jeopardy again?
On Monday during Regular Trading Hours, the NYMEX Henry Hub Natural Gas Futures February contract saw its intraday increase expand to 21%, reporting at $4.094 per million British thermal units. This is the largest increase for this contract since it began trading in 2012. Analysis suggests that higher natural gas prices may have macroeconomic implications, which could drive up inflation rates, while severe cold may also suppress Consumer spending in the USA.
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US Natural Gas Surges 16% as Forecasters Warn of Arctic Blast
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Calculating The Intrinsic Value Of Targa Resources Corp. (NYSE:TRGP)
Weekly Buzz: So far, Santa is Letting us Down
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Targa Resources (NYSE:TRGP) Shareholders Are Still up 397% Over 5 Years Despite Pulling Back 3.6% in the Past Week
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Goldman Sachs Maintains Targa Resources(TRGP.US) With Buy Rating, Raises Target Price to $223
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