Sensibility

Prices Fall Up to Nearly a Quarter on Fundamental Weakness

A true shoulder-month sensibility began to assert itself again in the spot gas market Tuesday. Generally mild to seasonal weather across the West and South, forecasts of some moderation of the cold temperatures that opened the week in the Northeast, and the prior-day example of weakening energy futures led to price dips ranging from about a nickel to nearly a quarter.

March 10, 2004