November 29,2021

The US Thanksgiving must have come up short for Natural Gas traders. Today is the first day of trading the January 2022 contracts and the markets sold of $0.75 CAD/GJ of 11.4% down from the Friday close. Traders are taking the view the weather is not cold enough to warrant the higher than average prices …

November 29,2021 Read More »

November 24,2021

Cold weather forecasts are on the minds of traders. While storage levels are typically their highest at this time of year, we are moving into the winter with 3% less storage than the average of the past five years. Perhaps not a significant amount, although the winter weather will advise that level otherwise. Todays EIA …

November 24,2021 Read More »

November 22,2021

This weeks trading will be limited due to the US Thanksgiving holiday. As a result, trading was off today in anticipation of the short week. Markets are selling off at the start of the week then seem to rebound from Tuesday to Thursday; unsure although this is a pattern we have witnessed over the past …

November 22,2021 Read More »

November 19 Natural Gas Update

The market continues to look ahead into the cold dark winter months as to where the price levels will settle. Based on the current LaNina the North East could experience a blast of cold weather through January 2022 then tapering to normal winter conditions thereafter. With the current natural gas production down almost 8% from …

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