It’s still fairly cold in most markets early this week outside the southern tier of states, but some moderation of temperatures was in evidence as most points ranged from flat to down as much as 80 cents Monday. However, a fresh blast of cold air moving southward from Canada allowed Northeast citygates and some points in the Gulf Coast to continue the upward price trek they had launched in the last three trading days of last week.
Fairly
Articles from Fairly
Futures Retrace, Finish Week 69.5 Cents Lower
November natural gas futures kept within a fairly small 31-cent range Friday as they seemed to hold onto some of the downward momentum from Thursday’s 80.8-cent drop. Ultimately, the prompt month settled at $13.226, down 14.9 cents from Thursday and 69.5 cents lower than the previous Friday’s close.
October 10, 2005
Interior Secretary Says Restoring Gulf Gas Output to Take Months
Recovery and restoration of the Gulf of Mexico natural gas production to the pre-Katrina and pre-Rita levels is expected to take a fairly long period of time, lasting through the end of the year and into 2006, Interior Secretary Gale Norton said Tuesday.
October 5, 2005
NatGas Futures Drop 19.6 Cents to Settle at $7.474
Trading within a fairly thin range on Tuesday, July natural gas futures notched a high of $7.580 and a low of $7.435 before settling at $7.474, down 19.6 cents for the day. Natural gas futures appeared to be loosely following crude’s action during the session, where the petroleum contract seemed to dip, recover, then dip again.
June 22, 2005
Trading Sparse Tuesday as Trend Reversal Speculation Continues
Trading within a fairly limited range Tuesday, July natural gas futures came out of the holiday weekend a little bit groggy. Despite notching a low of $6.26 in morning trade, the prompt month rebounded to settle at $6.379, less than 1 cent higher than Friday’s settle and just 1.1 cents off of the high on Tuesday.
June 1, 2005
Futures Rest Friday After Carving Out $6.435 Regular Session Low
Following Thursday’s wild down day, June natural gas futures used Friday to steady the ship by trading within a fairly narrow 11.5-cent range. However, the prompt month was able to maintain most of its work lower, reaching only a $6.55 high on the day.
May 16, 2005
Prices Fall, But Oil Spike May Revive Gas Market
Prices were in retreat by mostly small amounts at nearly all points Wednesday despite heating load remaining fairly robust in several regions. One source felt that it was mainly a case of the market having wrung all the upside it could out of this week’s cold spells and having only minuscule next-day support from energy futures.
March 17, 2005
Despite Weak Finish, Futures Remain Rangebound
Unlike the recent past when penetration of the $6 level has been short-lived, March natural gas futures on Friday instead appeared to be fairly comfortable trading in the high $5.90s. Whether the prompt month can stay below $6 following the long holiday weekend is another question entirely.
February 22, 2005
Futures Continue Slide on Weather Forecast Doubts
With no signs yet of an expected cold front on the East Coast and fairly bearish weekly storage predictions, February natural gas futures on Wednesday had no choice but to decline for a second straight regular session.
January 13, 2005
Futures Dump Storage in Favor of Trading Higher With Crude
When forced to make a decision between running lower on fairly bearish natural gas storage news or trading higher on influence from the crude oil futures market, July natural gas futures chose the latter, notching a high on the day of $6.22 before settling at $6.176, up 9.4 cents.
June 14, 2004
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