Tag / Cash



Prices Go Into Weekend Flat to Up About a Nickel

Cash numbers finished the week slightly higher as various pointsranged from flat to 5-6 cents higher Friday. It was difficult togeneralize with several regions containing both flat andnickel-higher points. The larger gains were seen at Henry Hub, TGTZone 1, Tennessee Zone 0, Columbia-Appalachia, Texas Eastern M-3and the Chicago citygate.

March 23, 1998

What Goes Up (Gas Prices) Now Coming Down

Cash prices continued to drop going into the weekend asexpected. Moderating weather and the usual lower weekend loads werethe obvious reasons for softening, sources said. Despite theoverall downward trend, falls were only 1-3 cents on several pipesin the Gulf Coast and Midcontinent. Again, the points that hadrisen most rapidly earlier in the week-such as Northeast citygates,Northern Natural-demarc and Waha-were the ones seeing the steepestdeclines.

March 16, 1998

Late-Winter Blast Boosts Prices; Waha Very Strong

Cash prices rose by a nickel to a dime virtually across theboard Monday in what sources saw as “purely a weather play.”Liquidity was a bit tighter than usual as many traders hurried tofinish and head for this week’s trade fair in Houston, one pointedout. Also, a fair amount of gas had already been committed throughthe end of the fair, he said.

March 10, 1998

Price Slide Levels Off With Only Slight Softness

Cash markets settled down for the weekend Friday with flat toslightly softer prices prevailing. Most of the declines of 2-4cents were concentrated in the Gulf Coast and Appalachia/Northeast.

March 9, 1998

Early Strength Gives Way to Late Erosion

Cash prices came out of the chute fast Monday morning as coldertemperatures, strong NYMEX prices and a bit of hype tricked mostmarkets into early gains. “A buyer blinked early this morning andsellers took control,” a Tulsa marketer said. The early strengthpushed prices to 5-8 cents above index levels in some cases.However, after the market caught its breath, sellers came out ofthe woodwork to send prices lower and late trades were back nearindex levels. Western prices followed the East’s early lead butresisted the major downturn.

March 3, 1998

Snow Has Differing Price Effects in Northeast, Rockies

Flatness again dominated Tuesday in the majority of cashmarkets. However, Northeast citygates dropped by about a nickeldespite heavy, wet snow or cold windswept rain in the region thatone weather forecast service expected to persist overnight.

February 25, 1998
1 74 75 76 Next ›