Most points were seeing small, single-digit gains Thursday, but there was also a sprinkling of flat to moderately lower price showings. Prospects for the weekend market were unclear. The slow but steady advance of the most powerful hurricane since 1998 weighed in favor of bullishness, but it was arrayed against both a negative futures reaction to an anticipated big storage injection report and the near-disappearance of air conditioning load outside the desert Southwest and parts of the South.
Firmer
Articles from Firmer
Most of Market Levels Off; Some Western Points a Bit Firmer
The market apparently got most of the expiring September futures-related bearishness out of its system Tuesday, because Wednesday’s numbers were close to flat in a majority of cases and weighted slightly toward the higher side, especially in gains of up to 8 cents in the Rockies and San Juan Basin.
August 28, 2003
Winter Not Dead Yet; Most Points Moderately Firmer
Winter may be over as far as most traders are concerned, but there are still a few lingering hints of it that, along with fresh strength in the energy futures complex, proved sufficient to drive most points moderately higher in Thursday’s overall mixed price picture.
March 28, 2003
Prices Mildly Firmer; Limited Impact From CIG Blast
In another trading day characterized as quiet by sources, cash numbers were about flat to nearly 30 cents higher Monday. However, only CIG achieved the approximate 30-cent increase; other gains were capped at around a dime, and a majority of points were up by about a nickel or less.
March 25, 2003
Northeast Only Firmer Note as 2003 Begins Softly
The 2003 swing market opened Tuesday about as most traders had expected — with price softness. Generally the declines were fairly moderate at around a dime or less, although Northern California, Pacific Northwest and Western Canada points stretched their losses to 15-25 cents or so. Northeast citygates provided a rare note of firmness in anticipation of wintry weather remaining in upper New England and spreading to the rest of the region before the weekend.
January 2, 2003
Bulls Remain in Control of Gas Futures, But Correction is Likely This Week
In sympathy with firmer crude oil prices and in reaction to constructive weather forecasts, prompt month natural gas futures rebounded off early lows Monday to post a fifth-straight daily advance. The January contract gained 5.7 cents to $5.341 and the February contract notched a 6.2-cent rise to $5.297.
December 17, 2002
Rockies Plunge; Other Markets Firmer than Expected
Outside of Rockies numbers plummeting by 40 cents or more, and a smaller San Juan-Blanco loss of a little more than 20 cents, the cash market held up more strongly Friday than some traders had expected. Non-Rockies/San Juan quotes ranged from flat to up nearly a dime, with gains of less than a nickel most common.
October 21, 2002
Potential Storm Threat Helps Keep Prices Mildly Firmer
Surprising more than one trader, the cash market didn’t follow its usual recent pattern of following Tuesday’s screen dive on the following day. Instead, cash was flat to up 50 cents in most cases Wednesday. Most gains were in single digits.
September 5, 2002
Slightly Lower Prices Ignore Bullish Influences
Despite a firmer screen and spreading intensification of colder weather, swing prices ranged from flat to down a little more than a nickel Tuesday. A majority of points recorded small losses of 1-3 cents.
January 30, 2002
Prices Mildly Higher Again, But Weekend Weakness Seen
The cash market managed to keep up a mildly firmer facade Thursday, but prospects for a weekend crash are fairly strong, sources said. Yesterday’s quotes ranged from flat to either side of a nickel higher in most cases, with scattered points Transco Zone 6 (both pools), Transco Station 85 and MRT registering small declines.
January 18, 2002
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