Random Tweets: Record Amount To Be Spent On Oil Exploration In 2014; Natural Gas Price Rising On Forecast For More Global Warming

Platts tweets (without a link): Global spending for oil and natural gas exploration and production is poised to rise to a record; near $723 billion in 2014, up 6.1% from 2013: Barclay's.

Platts also tweets NYMEX January natural gas up 11.8 cents to $4.232/MMBtu as frigid weather forecast for much of the US spurred buying interest. The AP is reporting: natural gas "soars" on weather forecast.

Meanwhile, natural gas rose above $4.20 for the first time since May 28, on the likelihood that homeowners turned up the heat to try to shake off the effects of two wintry storms that plowed across the country. Forecasts are for colder than normal temperatures in the Midwest this week.