West Flatness, East Softness Draws Basis Tight

Basis relationships have tightened by a remarkable degree inMarch, and Thursday’s continuing price strength in the West coupledwith drops of a nickel or so at points in the Gulf Coast,Midcontinent and Appalachia/Northeast brought the regions evencloser.

March 6, 1998

Snow Has Differing Price Effects in Northeast, Rockies

Flatness again dominated Tuesday in the majority of cashmarkets. However, Northeast citygates dropped by about a nickeldespite heavy, wet snow or cold windswept rain in the region thatone weather forecast service expected to persist overnight.

February 25, 1998
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