Moderating

As expected, a strong rebound by July futures a day earlier and still-robust cooling load — despite some moderating weather trends from earlier in the week — pushed cash prices higher across the board Thursday.

Moderating weather, along with screen dive and weekend factor, soften the cash market.

Moderating weather, along with screen dive and weekend factor, soften the cash market.

Price movement was minuscule either up or down from unchanged Wednesday, but the market continued to show a tendency for modest softness as moderating weather signaled the approaching end of an especially severe winter.

Price movement was minuscule either up or down from unchanged Wednesday, but the market continued to show a tendency for modest softness as moderating weather signaled the approaching end of an especially severe winter.

Moderating late-February weather forecasts in some regions, the prior-day fall of 21.4 cents by March futures and the ever-present comfort level of ample storage inventories combined to drive cast prices lower across the board Friday. The usual weekend drop of industrial load was an additional bearish factor.

Moderating late-February weather forecasts in some regions, the prior-day fall of 21.4 cents by March futures and the ever-present comfort level of ample storage inventories combined to drive cast prices lower across the board Friday. The usual weekend drop of industrial load was an additional bearish factor.

Unconventional natural gas will satisfy more than half of U.S. demand by 2030, moderating the need for liquefied natural gas (LNG) imports in the short term, ExxonMobil Corp. said last week.

Unconventional natural gas is expected to satisfy more than half of U.S. demand by 2030, moderating the need for liquefied natural gas (LNG) imports in the short term, ExxonMobil Corp. said Tuesday.