Prices acknowledged the falloff in weekend demand and widespread Chamber of Commerce-like weather by continuing to slump Friday, but late rebounds were strong enough to astound more than one trader. There wasn’t much consistency in the declines, which ranged from about a nickel or less at a few Gulf Coast, Midcontinent/Midwest and Pacific Northwest points to about 35 cents at OFO-plagued PG&E-related points.
Falloff
Articles from Falloff
APGA: ‘New Manipulative Forces’ at Work in Gas Markets
The American Public Gas Associaton (APGA) says the recent falloff in natural gas prices leads it to believe that more than the traditional supply-and-demand forces were at work last winter in driving up prices.
June 18, 2001
APGA: ‘New Manipulative Forces’ at Work in Gas Markets
The American Public Gas Associaton (APGA) says the recent falloff in natural gas prices leads it to believe that more than the traditional supply-and-demand forces were at work last winter in driving up prices.
June 18, 2001
March Futures Go Into Weekend Below $2.20
The March Nymex futures contract fell another 1.9 cents to$2.198 Friday, as traders continued the falloff in prices theystarted on Thursday. “This was not a case of traders gunning forstops, where they try to push the contract under support hoping thecontract will fall even more. This was simply an extension ofThursday,” a broker said.
February 23, 1998
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