US
front-month
futures
rose
to
$2.46
per
million
British
thermal
units
as
Upstrean
went
to
press,
the
highest
value
seen
since
early
March
and
more
than
20%
above
the
trading
levels
that
were
seen
in
mid-April.
“This
rally
really
started
a
couple
of
weeks
ago
with
the
colder
weather
in
the
north
east,”
PFGBest
analyst
Phil
Flynn
said.
The
price
spike
gathered
steam
as
figures
showed
increasing
demand
for
gas
from
electric
power
generators
that
were
switching
over
from
coal.
“Since
23
April
we’ve
only
had
four
down
days,”
said
Addison
Armstrong,
senior…
