The markets must be spooked on the last day of October. December Nymex contract was trading up $0.62 USD mmbtu at the time of writing. At this point we are trading on par with the July 2022 contract at this point in time. Still much lower than September, although starting to ratchet up. The market has demonstrated to us this year slow creep up and then sudden drops based on geopolitical events. November is considered an swing month and could set the precedence for the balance of the winter. (RS)
