After sinking anew overnight to nearly $2.20, natural gas futures have reversed, spiking...

|By:, SA News Editor

After sinking anew overnight to nearly $2.20, natural gas futures have reversed, spiking violently in the past few minutes, now +6.4% at $2.55. There's no specific news at the moment, but earlier word Chesapeake Energy (CHK) is cutting production may have been enough of a catalyst to toast some greedy shorts.