Article
US NatGas Futs Sink To Four-Month Low As Mid-Atlantic Exits Brutal Winter
US NatGas Futs Sink To Four-Month Low As Mid-Atlantic Exits Brutal Winter
US natural gas futures tumbled to a four-month low early Monday as weather models indicate the Lower 48 is exiting the peak of the Northern Hemisphere winter and entering a much-needed warmup. For the Mid-Atlantic and Northeast, which experienced some of the coldest weather in decades, the next few weeks are expected to feel more like spring.
March contracts fell 7.5% to about $3 per mmBtu, the lowest level since October 17 and a roughly four-month low.
Weather forecasts...
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Chipotle Mexican Grill (CMG) shares fell sharply Tuesday after Bloomberg reported that the chain had removed jalapeños from Minnesota restaurants over a suspected link to a salmonella outbreak that has sickened 110 people in the state - while WaPo reports that the outbreak has spread to 15 states. Chipotle stock fell as much as 8.5% against Monday's close - some outlets clocked the low nearer 9% - and was trading roughly 7% lower in the afternoon.
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