Conjecture

Price Gains Continue Even With Light Heating Load

Purchases for storage injection plays remained the best conjecture that sources could come up with for another day of rising prices at nearly all points Thursday. Heating load remains abnormally light in most areas outside the Rockies, Western Canada and Upper Plains, and attitudes about high storage levels are still bearish.

January 5, 2007

With Fundamentals Away, Technicals Rule the Day

Whether the cash market follows the futures screen or vice-versais the source of considerable conjecture and debate in the naturalgas market-almost on a daily basis. Although there have been timeswhen futures have been the driving force in the market, many feelthat cash prices, egged on by solid heating demand, have liftedfutures prices out of the doldrums this month.

March 19, 1999