Physical natural gas prices spiraled lower Friday for Weekend and Monday delivery as the calendar officially ticked over into the second part of August, meaning summer heat is officially on its goodbye tour. Quite a few points dropped by at least dime, led by the Northeast, which saw averages sink from a dime to nearly 70 cents.
Ticked
Articles from Ticked
Cash Steady, But Futures Fly Higher On Suspected Fat Finger
The physical market ticked higher in most regions of the country on Wednesday except for much of the Northeast, where forecasts of cooler temperatures prompted drops from a few pennies to more than 80 cents. Gulf and California locations were firm.
July 19, 2012
Price Firmness for Long Weekend Underestimated
It seemed reasonable Thursday to expect that prices would besoftening Friday. Sources ticked off good reasons for thinking so:a low-demand holiday weekend; forecasts of moderating Western heat;and the end of storm-related outages in the Gulf Coast.
September 8, 1998
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