The fickle nature of weather trends came into play in the gas market again Friday as hot weekend forecasts for much of the U.S. and even extending into parts of central and Eastern Canada generated rallies at a large majority of points. The previous day’s 2.5-cent futures loss following a moderately bearish storage report and the usual weekend decline of industrial load had relatively minimal impact.
Fickle
Articles from Fickle
Stout Production Aiding Decline, Analyst Says; January Off 17.6 Cents
January natural gas futures fell in erratic, choppy trading Monday as analysts see continued weakness stemming from ample supplies and fickle cold weather. The January contract fell 17.6 cents to $5.566 and February lost 15.5 cents to $5.612. January crude oil rose $2.90 to $43.71/bbl.
December 9, 2008
Fickle Southern Now Backs Petal’s Project
In a complete about-face, Southern Company now appears to be astrong champion of an amended deliverability expansion of Petal GasStorage LLC and has asked FERC to process the application as”quickly as practicable.”
April 24, 2000
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