Major Cold Incursion Seen; December Called 15 Cents Higher

December natural gas is set to open 15 cents higher Monday morning as key weather models trended sharply colder. Overnight oil markets gained.

November 3, 2014

Higher-Confidence Cold In Play; March Called Up 13 Cents

March natural gas is set to open 13 cents higher Monday morning at $6.26 as traders ratchet up once again expectations of bone-chilling cold expected to hit the eastern three-quarters of the nation. Overnight oil markets were mixed.

February 24, 2014

Eastern Cold In Play; February Called 4 Cents Higher

February natural gas is set to open 4 cents higher Tuesday morning at $4.37 as traders assess oncoming cold in pivotal eastern markets and factor in a greater cold event than earlier expected. Overnight oil markets rose.

January 21, 2014

Forecasts Ratchet Colder Still; February Called 6 Cents Higher

February natural gas is expected to open 6 cents higher Tuesday morning at $4.33 as weather forecasts notched a little colder by the end of the month. Overnight oil markets were mixed.

January 14, 2014

Price Moves Reverse to Downside at Most Points

The cash market is displaying one of its quirkier characteristics. After rising strongly at all but one point Monday in anticipation of significantly colder temperatures approaching later in the week to much of the nation’s midsection, prices fell at a large majority of locations Tuesday, even as the heating load-boosting conditions began to arrive.

October 19, 2011

Futures, Limited Cold Boost Prices at Most Points

With some help from a 13.3-cent gain Friday in the prompt-month debut by April futures and colder forecasts for most territory east of the Mississippi River, prices firmed at nearly all points Monday. The restoration of industrial load following its usual weekend decline also contributed to the overall advance.

March 1, 2011

Traders Sell Into Strength as February Rallies Sharply

February natural gas futures staged a double-digit advance Wednesday as traders factored in incrementally colder forecasts in the 11- to 15-day period shown by popular weather models. At the close February futures rose 13.6 cents to $4.561 and March added 13.0 cents to $4.576. February crude oil fell 52 cents to $90.86/Bbl.

January 20, 2011

Transportation Notes

Tennessee said due to the anticipated return of colder weather to its market area, an OFO Action Alert will be implemented Friday for all Balancing Parties in downstream Zones 4, 5 and 6. They will be required to maintain an actual daily flow rate not exceeding 2% of scheduled quantities or 500 Dth, whichever is greater, for underdeliveries into the system and overtakes from the system.

January 20, 2011

Transportation Notes

Related to the colder-than-normal weather forecasted in its market area, Southern Star Central has posted a list of criteria (see the bulletin board) to which shippers must adhere to prevent the pipeline from issuing a systemwide or point- or shipper-specific OFO on short notice. The restrictions are expected to remain in effect until the start of Monday’s gas day.

January 13, 2011

Again: Northeast Soars as Most Points Shrug Off Cold

Although there are quite a few parts of North America as cold as or colder than the Northeast, that region remained the only one where major heating load was having a substantive impact on prices. At nearly all other locations moderate softness was returning Tuesday.

January 12, 2011