According To The Weather Channel's

Natural gas futures slid more than 2 percent early Tuesday, breaking to their lowest mark in just over 10 years, as a mild winter left inventories swollen at record levels. "Natural gas is a reflection of the current, and seemingly future, state of supply and demand. What else can possibly be said given the incredibly mild winter temperatures across most of the country, much less the exceedingly mild winter we're coming out of, that hasn't been said before," said Jay Levine, broker, energy, LLC in Portland, Maine. Front-month April natural gas futures on the New York Mercantile Exchange were at $2.22 per million British thermal units in early activity, down 4.9 cents, or just over 2 percent, after sliding to $2.204 which marked a contract low and the cheapest price for a front month ...

(Reuters) - U.S. natural gas futures were about 3 to 4 cents higher early Tuesday, adding to Monday's gains amid forecasts for cooler weather in the Northeast and Midwest. Front-month March natural gas futures on the New York Mercantile Exchange were at $2.583 per million British thermal units in early U.S. activity, up 3.3 cents. The front month fell in late January to $2.231, a contract low and the lowest price for a front month since March 2002, forcing some producers, such as Chesapeake Energy (CHK.N), to announce production cuts. In the cash market, gas bound for the NYMEX delivery point Henry Hub in Louisiana was heard early near $2.60 on volume near 498 million cubic feet, up 14 cents from Monday's $2.46 average. Early Hub cash deals were done at about a 3-cent premium to the ...