Welcome back from a cold weekend everyone! The weather was enough for traders to feel bullish today as prices at the front of the curve climbed significantly. The December 2022 contract climbed to US$6.776/MMBtu today, up $0.473 from Friday. At the time of writing, markets peaked at $6.837 and are slightly down at $6.70. Prices are said to be trading at fair value now, but we will keep a close eye on winter premiums and when they begin to erode. ~CL
