Local distribution companies contending with tight gas supplies, volatile pricing and sometimes the threat of hurricane-related shut-ins do well to remember the virtues of diversity — specifically, diversity of supply, transportation and pricing strategies.
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NOAA Expects Variable Spring Temps, Hot Summer for South
While the folks in Boston will remember the bone-chilling cold in mid-January that produced new gas demand records, this winter (December-February) will go down in history as being pretty average overall across the entire nation, according to the National Oceanic and Atmospheric Administration (NOAA).
NOAA Finds Pretty Average Winter Nationwide
While the folks in Boston will remember the bone-chilling cold in mid-January that produced new gas demand records, this winter (December-February) will go down in history as being pretty average overall across the entire nation, according to a report Thursday by the National Oceanic and Atmospheric Administration (NOAA).
June Futures Hold to Their Mid-Range
Amid a day one broker called “perhaps the most boring of any Iremember,” the spot June NYMEX contract nudged 0.4 cents lower tosettle at $2.200. The broker actually said the day was interestingin that a large amount of anticipated activity never materialized.”Every floor trader we spoke to expected when June broke below$2.18, tons of sell stops would kick in between $2.15-17. But therewasn’t diddly squat for stops. In fact, just the opposite happenedin that there was pretty good scaled-down buying once June hit$2.15,” he said.