Midwest, Rockies Post Stout Cash Gains; Futures Flounder Post-Sandy

With markets still a little off kilter after Hurricane Sandy left a path of destruction Monday, natural gas cash quotes averaged 4 cents higher Tuesday for Wednesday delivery with double-digit gains at Midwest and Rockies points offsetting flat Gulf quotes and a number of declines in the Northeast. At the close of trading December futures had slipped 11.2 cents to $3.691 and January was 10.8 cents lower at $3.824. December crude oil was 14 cents higher at $85.68/bbl.

October 31, 2012