The previous day’s gain of 9.8 cents by prompt-month futures must have done most of the heavy lifting in propelling all but one cash point higher Wednesday because besides some moderate temperature declines forecast for Thursday in parts of the Northeast, Midwest and Pacific Northwest, there were few additions to heating load to be found.
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Articles from Propelling
Futures Bulls Dig In as Battle Over the $5.00 Level Heats Up
After etching a 33-cent gain and propelling the market through key resistance Thursday, natural gas bulls cooled their heels Friday in a session that was more about position squaring ahead of the weekend than it was about market direction. At the closing bell the September contract was down 4.5 cents at $5.037. However, by closing above $5.00, the market ratified Thursday’s bull move, potentially setting the stage for more advances this week.
August 11, 2003
Gas Pipes Urged to Learn from Bellingham
Electric generation’s growing appetite for natural gas ispropelling rapid changes in the gas industry’s traditional businesspractices that will pose greater challenges to pipeline safety,says the chairman of the INGAA Pipeline Safety Task Force.
June 19, 2000
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