Leaving

One day after breaking below psychological support at $5, March futures values on Tuesday notched their fourth consecutive day lower, leaving market watchers wondering what would be in store for the contract’s expiration on Wednesday. The prompt-month contract reached a low of $4.773 before closing Tuesday’s regular session at $4.778, down 11.7 cents from Monday’s finish. With that, the contract has plummeted 66.8 cents over the last four regular sessions.

One day after breaking below psychological support at $5, March futures values on Tuesday notched their fourth consecutive day lower, leaving market watchers wondering what would be in store for the contract’s expiration on Wednesday. The prompt-month contract reached a low of $4.773 before closing Tuesday’s regular session at $4.778, down 11.7 cents from Monday’s finish. With that, the contract has plummeted 66.8 cents over the last four regular sessions.

Icy conditions building from the Midcontinent and Texas through the Southeast and heavy snowfalls predicted in the Northeast and Midwest failed to revive most of the cash market Thursday. Only Northeast citygates, where spikes were most often in triple digits, got a significant boost from the new blast of arctic cold enveloping most of North America.

Icy conditions building from the Midcontinent and Texas through the Southeast and heavy snowfalls predicted in the Northeast and Midwest failed to revive most of the cash market Thursday. Only Northeast citygates, where spikes were most often in triple digits, got a significant boost from the new blast of arctic cold enveloping most of North America.

Before leaving for the holidays, the Senate finally got around to confirming former Iowa regulator John Norris to FERC. The move all but guarantees that the Commission will not run into quorum problems in the New Year.

Before leaving for the holidays Thursday, the Senate finally got around to confirming former Iowa regulator John Norris to FERC. The move all but guarantees that the Commission will not run into quorum problems in the New Year.

The September natural gas futures contract turned in its second consecutive “do nothing” day on Wednesday, leaving some market watchers to wonder whether traders were saving their strength for a blitz of action on the contract’s expiration Thursday. The prompt-month contract ended up closing the regular session at $2.910, up 2.8 cents from Tuesday’s close.

Local distribution companies (LDC) are leaving some capacity trading money on the table, compared to non LDC parties trading in the released capacity market, according to the latest survey data from Capacity Center.

Local distribution companies (LDC) are leaving some capacity trading money on the table, compared to non LDC parties trading in the released capacity market, according to the latest survey data from Capacity Center.