After bouncing back and forth in small increments, it was only fitting that May natural gas futures would keep to the program on Friday by gaining only 1.9 cents to close at $3.801, which was 6.4 cents higher than their close in the previous week.
Fitting
Articles from Fitting
May Futures Expire Middle of the Range; June Still Looks Range-Bound
After exploring the entire range of its $7 to $8 borders during the last month, it was only fitting that May natural gas futures would go off of the board Thursday afternoon right in the middle at $7.508, down 18.1 cents on the day. June natural gas, which steps up to front-month status, dropped 17.9 cents to $7.602.
April 27, 2007
Transportation Notes
In order to repair a mainline fitting at the Stanfield (OR) CityTap, PG&E Gas Transmission-Northwest (GTN) will isolate itsA-Line between Main Line Valves 8-2.5 and 8-3.0 for about 16 hoursThursday. Capacity at points downstream of MLV 8-3.0 will bereduced about 70 MMcf/d to 2,000 MMcf/d. Based on current flowconditions, GTN estimated Station 14 immediately upstream fromMalin will experience a capacity cut from 1,940 MMcf/d to 1,875MMcf/d. Every effort will be made to return the system to fullcapacity by Friday’s gas day, GTN said.
March 14, 2001
Weather or Not.. Futures Filter Lower
It was only fitting yesterday that the futures market groundlower amid lack of strong fundamentals. After all, Monday was theconclusion of just the second July in the last 100 years in whichNew York City did not reach 90 degrees Fahrenheit. Even WashingtonD.C., which is known for its mostly intolerable summer heat andhumidity was limited to just one day of 90-plus mercury during themonth.
August 1, 2000
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