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Snow

Helene Impact Small; CA Dips Lead Mostly Softer Market

Despite snow in Calgary and modest disruptions of Gulf of Mexicosupplies by Tropical Storm Helene, nearly all points softened a bitThursday, with most of the declines less than a dime. Californianumbers took the biggest hits of more than 20 cents, while tradersof Canadian gas at Aeco, Sumas and Stanfield saw flat to slightlyhigher pricing.

September 22, 2000

Surprise Snow Puts Bulls in Buying Mood

Fueled by the East’s worst winter storm in four years, naturalgas futures erupted higher at the open yesterday as tradersestablished new longs with confidence.

January 26, 2000

Nor’Easter Fails to Provide Support, April Drops 4

Six inches of snow in New York wasn’t enough to convince futurestraders to resume the up-trend the American Gas Association storagereport so thoroughly wiped out last week. The April contract movedsharply lower for the third session in a row, closing down 4.2cents to $1.717. Shortly before the close, the contract broke belowwhat was deemed a key support level at $1.70 to post a low of$1.695 for the day. The $1.755 high was reached just after theopening bell.

March 16, 1999

Prices Respond to Snowstorm With Large Gains

“That’s what 20 inches of snow in Chicago will do for you,” aHouston-based producer said Monday in reference to the severeholiday weekend blizzard in the Midwest that propelled cash pricesupward by 20 cents or more at many points. What was being calledthe region’s worst winter storm in more than three decades leftfreezing temperatures across the eastern three-fourths of thenation and very strong heating load.

January 5, 1999
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