With weather due to keep getting colder in key market areas as the week wears on and having added support from a 19.4-cent futures increase a day earlier, cash prices continued to rise Tuesday at a majority of points. However, the gains were considerably smaller than those on Monday in nearly all cases, and quite a few points in the West and Midcontinent (along with one in the Gulf Coast) ranged from flat to about a dime lower.
Wears
Articles from Wears
FERC Projects ‘Further Weakening’ of Spot Gas Prices This Year
With working gas levels in storage at record highs, further declines in spot natural gas prices can be expected as the year wears on, according to FERC’s Office of Market Oversight and Investigations (OMOI).
March 17, 2006