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January Natural Gas at $2.30 After Weather Data Crushes Hopes for Cold Natural gas futures tumble as weather models turn increasingly mild LNG demand still strong as global gas prices remain near multi-year highs Cash prices plummet amid lackluster demand Natural gas futures tumbled more than 20 cents lower in post-Christmas trading as weather data “failed miserably” over the weekend, shedding a hefty amount of demand from the 15-day outlook. With any opportunity for truly cold weather not expected before the middle of next month, the January Nymex gas futures contract settled Monday at $2.305/MMBtu, down 21.3 cents from last Thursday’s close. February plunged 18.6 cents to $2.326. ....