Tallying

August Soars Before Closing a Half Penny Lower

With temperatures boiling to over 100 degrees up and down the East Coast and traders tallying just how much gas was lost last week due to Hurricane Alex shut-ins, natural gas futures traders explored the upside coming off the long holiday weekend. Despite running higher during the day, the August contract ended up closing at $4.682, down half a penny from Friday’s finish.

July 7, 2010