Plenty of gas in storage and warmer temperatures on the way will make for happier days for natural gas consumers. Investors in the industry, however, might want to buckle their seatbelts and prepare for some unpleasantness as the market transitions through a light injection season on its way to another winter.
Buckle
Articles from Buckle
Energy Investors Will Feel Summer Commodity Prices, Too
Plenty of gas in storage and warmer temperatures on the way will make for happier days for natural gas consumers. Investors in the industry, however, might want to buckle their seatbelts and prepare for some unpleasantness as the market transitions through a light injection season on its way to another winter.
Buckle Up — NGSA Expects Repeat of Last Winter Ahead
Gas consumers should expect high prices this winter and a gas market situation similar to what occurred last winter, the Natural Gas Supply Association (NGSA) warned last week in its Natural Gas Winter Outlook.
Despite Wintry Weather, Futures Buckle Under Weight of Overbought Conditions
Following a Christmas Day storm that dropped as much as three feet of snow across parts of central New York and despite higher crude oil prices, natural gas futures funneled lower Thursday as traders alleviated overbought conditions and pressured the market to its lowest level in more than two weeks. With that the January contract completed its penultimate trading day at $4.962, down 18.4 cents for the session. January will expire Friday at 2:30 p.m. EST.