Energy

Polar Vortex Sends Natural Gas Prices Soaring 25 Percent

Cold temperatures will bolster home heating demand, further supporting natural gas prices as it will weigh on domestic storage inventories.
Polar Vortex Sends Natural Gas Prices Soaring 25 Percent
People walk through the snow in Brooklyn after an overnight storm in New York City on Dec. 27, 2025. Spencer Platt/Getty Images
Andrew Moran
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Natural gas prices surged 25 percent as a polar vortex blankets the central and eastern United States with days of arctic cold.

On the New York Mercantile Exchange, natural gas prices rallied $0.794, or 25.6 percent, to $3.90 per million British thermal units at 12:30 p.m. EST on Jan. 20. So far this month, natural gas has risen 5 percent.

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."