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SoCal, New England Lift NatGas Cash; Futures Quiet

Looking at the majority of market points for Tuesday natural gas deliveries, one might conclude it was a lazy summer day’s trading. However, Southern California and New England quickly put that to rest.

August 15, 2016
So Long, Summer; NatGas Forwards Plunge 20-Plus Cents

So Long, Summer; NatGas Forwards Plunge 20-Plus Cents

After natural gas markets failed to bat an eye at last week’s historic storage withdrawal, it’s no surprise to see forwards markets plunge by double digits this week.

August 12, 2016
NatGas Forwards Slide as Summer Wanes

NatGas Forwards Slide as Summer Wanes

After natural gas markets failed to bat an eye at last week’s historic storage withdrawal, it’s no surprise to see forwards markets plunge by double digits this week.

August 12, 2016

California Leads Weekend NatGas Higher; Futures Add A Few Pennies

Physical natural gas for weekend and Monday delivery, for the most part, mirrored the screen in Friday’s trading.

August 12, 2016
Strong Northeast Can’t Offset Broader Weekly NatGas Losses

Strong Northeast Can’t Offset Broader Weekly NatGas Losses

Not even a heavy-handed intervention by Mother Nature could keep weekly natural gas prices from sliding into the loss column. Hot, humid weather in New York, Philadelphia, and the East Coast sent heat indices deep into triple digits, but at the end of the week theNGI Weekly Spot Gas Average was 6 cents lower at $2.53.

August 12, 2016

Weekend Weather Uncertainty to Keep Bears at Bay; September Called 3 Cents Higher

September natural gas is set to open 3 cents higher Friday morning at $2.58 as traders see little likelihood of aggressive selling going into the weekend. Overnight oil markets were mixed.

August 12, 2016

Texas Still Hot, Setting More Power Demand Records

The hits keep coming in Texas as the Lone Star State on Thursday set yet another power demand record for the week, according to the Electric Reliability Council of Texas (ERCOT).

August 12, 2016

BP Seeks Rehearing of FERC’s $20M Decision in 2008 Market Manipulation Case

BP plc has requested a rehearing of a FERC decision last month that affirmed the findings of an administrative law judge (ALJ) and levied a $20.16 million fine against the London-based supermajor in a 2008 market manipulation case, saying it “is not the product of reasoned decisionmaking and is not supported by substantial evidence.”

August 12, 2016

Bulls, Bears Awaiting Storage Figures; September Called A Penny Higher

September natural gas is expected to open a penny higher Thursday morning at $2.57 as traders await inventory data that is expected to show additions continuing at below normal rates. Overnight oil market narrowly fell.

August 11, 2016
Bulls Undeterred by Plump Natural Gas Storage Build

Bulls Undeterred by Plump Natural Gas Storage Build

Natural gas futures slumped, then rebounded Thursday morning after the Energy Information Administration (EIA) reported a storage injection that was a bit more than what the market was expecting.

August 11, 2016