Drop

The previous day’s drop of 21.4 cents by May futures was probably the major factor in driving cash prices lower across the board Friday, and weekend cooling trends in northern market areas were not generating enough heating load to stem the slide.

The previous day’s drop of 21.4 cents by May futures was probably the major factor in driving cash prices lower across the board Friday, and weekend cooling trends in northern market areas were not generating enough heating load to stem the slide.

As a marketer had predicted a day earlier, the 6.2-cent drop by futures combined with a lack of heating load in nearly all areas would be sufficient to cause mostly small losses in the cash market Tuesday.

As a marketer had predicted a day earlier, the 6.2-cent drop by futures combined with a lack of heating load in nearly all areas would be sufficient to cause mostly small losses in the cash market Tuesday.

Don’t count the cash market out quite yet. Despite the previous day’s 9-cent drop by April futures and warming trends returning spring temperatures to much of the South, prices were up at virtually all points Tuesday — in most cases by larger amounts than on Monday.

Don’t count the cash market out quite yet. Despite the previous day’s 9-cent drop by April futures and warming trends returning spring temperatures to much of the South, prices were up at virtually all points Tuesday — in most cases by larger amounts than on Monday.

As a marketer had expected, the 13.3-cent drop by April futures Monday was able to take most of the cash market lower Tuesday, but predicted temperatures remained cold enough in Canada and much of the U.S. to limit declines to less than a dime in nearly all cases.

As a marketer had expected, the 13.3-cent drop by April futures Monday was able to take most of the cash market lower Tuesday, but predicted temperatures remained cold enough in Canada and much of the U.S. to limit declines to less than a dime in nearly all cases.

Domestic natural gas production will fall by a projected 46 Tcf through 2030 and U.S. crude oil production will drop by 9.9 billion bbl over the same period if the federal government continues with its de facto moratoria policies on leasing in onshore and offshore areas, according to a new study released last week by the National Association of Regulatory Utility Commissioners (NARUC).