NatGas Futures Steady After Big Rally; BC Pipe Rupture Still Crushing Western Canada Spot Prices

After punching their ballots in favor of a bullish outlook for natural gas prices Monday, futures traders more or less stood pat Tuesday awaiting indications of how the heating season’s first real cold stretch will impact balances. The December contract traded a few pennies to either side of even before settling 1.2 cents lower at $3.555/MMBtu. January added 0.8 cents to settle at $3.583, while February added 2.9 cents to $3.436. Read More