Proliferating

Despite forecasts for severely cold weather throughout most of the East by the beginning of this week, and proliferating anticipatory restrictions by pipelines, prices fell at all points Friday except for Northeast citygates. The well-below-expectations storage withdrawal report a day earlier and the accompanying 28.9-cent futures dive, along with the decline of industrial load over a weekend, obviously outweighed the frigid predictions in the minds of most cash traders.