A juggernaut of arctic air starting to exit the Northeast will leave temperatures close to normal Tuesday in the region, which was hit hardest pricewise by the latest winter storm. Temperatures were expected to stay largely static or grow slightly warmer in other market areas.
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Moderating Weather Unlikely to Halt Price Juggernaut
Except for a few flat to slightly lower Northeast citygates and western points, most of the cash market continued to build on Wednesday’s advance with further large gains Thursday. And sources said that with the dazzling 38-cent spike in futures, it’s a pretty safe bet to expect more strength in cash numbers for the weekend.
December 13, 2002
Price Juggernaut Keeps Rolling; Cal Border Hits $41
Spot gas prices into California broke Daily GPI’s nationwideall-time record high of $39 at the Chicago citygate, set in Feb.2, 1996 trading. A western trader for one marketing firm reported adeal for $41 at the Southern California border Wednesday, saying,”And I’ve got my confirmation from EOL [EnronOnline] to prove it.”California was just part of a hyperpowerful cash market that hadmost points exploring price territory they had never seen before.
December 7, 2000
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