No spooks this Friday the 13th, another day without much NYMEX movement. The March front month contract is currently up only 0.5% at $3.23 US/mm, other contracts across the curve being down a few cents.
Ontario’s imports to the US through St. Clair (Dawn) have nearly returned to the 2-Year Max highs set back December and early January, possibly being the push that Union Gas needed to comfortably lift all restrictions on gas flows yesterday (such as storage withdrawals, Parkway flows, TCPL flows, Nexus flows, etc.). Dawn spot pricing remains soft going into the weekend.
Ontario temperatures are expected to warm up this weekend and linger over the week, return to normal, then possible dip colder-than normal for the last week of February.
Enjoy the weekend!

