Already riding the crest of a wave of heating load to higher prices, the cash market used an extra shove from Monday’s 36.6-cent screen spike to record even bigger gains in most cases Tuesday than it started the week with.
Crest
Articles from Crest
Weak Selling Suggests Short-Covering on Expiry; Bears Remain in Control of April
Pressured by forecasts calling for temperatures to crest the 50-degree mark in the Northeast this weekend, natural gas futures continued lower Tuesday as bulls appeared increasingly content to ignore the expiring March contract in favor of the spring and summer months.
February 25, 2004
Rockies, Northeast Jumps Stand Out Amid Small Gains
Prices continued to ride the crest of somewhat premature winter weather and strong futures to new gains Wednesday, but just barely in most cases. Rockies numbers increased by about 20-40 cents and Northeast citygates rose by 5-15 cents, but otherwise nearly all points ranged from flat to only about a nickel higher.
October 24, 2002