Natural gas futures extended their gains for a fourth consecutive session as weather models continue to tease more cold for the end of the month and into January. The January Nymex contract settled Monday at $2.682, up 9.1 cents from Friday’s close. February climbed 7.5 cents to $2.678. Spot gas prices also rallied at the…
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Articles from Snowpack
NatGas Forward Markets Spring Forward Amid Short-Covering, Cooler Temps
Natural gas forward prices bounced back this week by an average of more than 10 cents as conditions became oversold thanks to several weeks of double-digit declines across the front of forward curves, according to NGI’s Forward Look.
March 11, 2016
Parched California’s Snowpack Hits Zero; Power Outlook Unaffected
A new low in California’s worsening drought was reached Monday when state officials reported that the state’s snowpack is down to zero, an inevitability after the measurement of 5% of normal when the same measurements were taken two months earlier.
June 2, 2015
Parched California’s Snowpack Hits Zero; Power Outlook Unaffected
A new low in California's worsening drought was reached Monday when state officials reported that the state's snowpack is down to zero…
June 2, 2015
Pacific Northwest Still Dry, But Coping Better
Although the prospect for new rains and a renewed snowpack are not that many weeks off, the Pacific Northwest last week continued to grapple with the second worst drought in the region’s history of water level recordings.
September 24, 2001
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