Vanishing

Weather-Based Load Can’t Further Gains

It wasn’t very surprising that the limited amount of early-spring cooling load across the southern U.S. and rapidly vanishing heating demand in the upper Northeast, which had produced small gains at most points Wednesday, were unable to sustain that firmness Thursday. Losses occurred at a large majority of points, although price movement continued to be minor as few declines exceeded a dime.

April 24, 2009