A spectacular run up in Natural Gas prices possibly due to bad weather and inventory draws downs could be coming to an end. Above is a correlation chart between Light Sweet Crude Oil and Natural Gas prices. Natural Gas is now testing the $100 highs reached by Crude Oil weeks earlier. Hedgers may decide to swap cash flows between Natural Gas and Crude Oil to benefit from differences in margins between these two commodities. If the correlation between Crude Oil and Natural Gas is your guide, Natural Gas prices could be peaking at these levels.