Natural gas prices surge on cold snap

Natural gas prices surged and demand reached an all-time high Tuesday as the coldest weather in decades descended upon much of the United States.

U.S. Energy Rigs Gain Four to 1,742, Baker Hughes Says

Rigs targeting oil and natural gas in the U.S. increased by four this week to 1,742, according to Baker Hughes Inc. (BHI) Oil rigs rose by 19 to 1,376, data posted on the company’s website show.