As a marketer had anticipated a day earlier, cash prices capped a week of solid advances Friday by recording increases throughout the market. A bit of extra chill was due in the Midwest and Rockies over the weekend, but otherwise forecasts remained about as benign for gas demand as they were earlier in the week. Industrial load’s weekend decline obviously had little impact.
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Articles from Capped
Futures Churn Higher on Crude Support, Fay Uncertainty
Coaxed higher by strength in the petroleum futures markets, the front-month natural gas contract on Wednesday capped its stay below $8 at only two days by recording a high of $8.127 during the regular session before closing at $8.077, up 10.1 cents from Tuesday’s finish. Despite the 18.9-cent two-day gain, some market watchers still see lower prices ahead.
August 21, 2008
California Gas Situation ‘Operationally Challenging’
Natural gas supplies in California will be adequate to serve all core customers this year, but there could be curtailments of non-core customers on the Southern California Gas system in the San Diego area, a staff member of the California Public Utilities Commission (CPUC) told FERC last week.
May 29, 2001
California Gas Situation ‘Operationally Challenging’
Natural gas supplies in California will be adequate to serve all core customers this year, but there could be curtailments of non-core customers on the Southern California Gas system in the San Diego area, a staff member of the California Public Utilities Commission (CPUC) told FERC last week.
May 28, 2001
Slight Drop Again Contrary to More Bearish Mood
The cash market capped off a week of defying expectations ofsoftness with a little bit of softness, but Friday’s small dropsonce again surprised traders by failing to fall as much as expectedfor a lower-load weekend period. Sources continued to marvel at therelative firmness of prices in the absence of significant heatingload and with the abundance of storage supplies.
January 25, 1999
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