Natural gas futures flared up Monday, jumping 8 percent, on forecasts of colder late fall weather.
Nymex futures for December climbed to $4.341 per million BTUs, a gain of 32.1 cents.
"I think what's going on is everything continues to seesaw between the record production levels we've seen this year versus the first cold weather of the year. Everybody's afraid to be short in cold weather," said Derek Salvino, vice president market research at Tradition Energy. "I think it's fear overtaking production."