Summing up the ongoing bout of range-bound trading activity in the span of 48 hours, August natural gas futures virtually erased Tuesday’s gain of 8 cents with Wednesday’s decline of 7.7 cents as the prompt-month contract closed out Wednesday’s regular session at $4.513.
Summing
Articles from Summing
Washington DC Regulators Warn of Higher Winter Gas Prices
Borrowing from Mark Twain in summing up the current wholesale natural gas market and where it is headed, DC Public Service Commission’s (PSC) Dr. Jeffrey V. Conopask, quoted, “Predicting is pretty risky business, especially about the future.” He said he believes wholesale prices for the 2003-2004 heating season “continue to suggest that natural gas expenses will be higher for consumers than those of the most recent winter.”
August 12, 2003
ICE’s 2001 Continues to Show Growth Curve
Summing up its results for 2001, online energy trading company, IntercontinentalExchange (ICE), said by the end of 2001 the number of participating firms and users on ICE both increased by more than 400%. In addition, the company said that the number of trades executed on ICE grew 15 fold over that same period during 2000.
January 8, 2002
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