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Nat Gas prices lower on warmer than normal temps

Warmer than normal temperatures continue to drive Nat Gas prices lower. It is in the mid- 50's in the New York area on January 9... the heart of the winter heating season. Temperatures are forecast to remain above normal along the high Nat Gas consumption area of the east coast at least into the third week of January. However, the weather pattern seems like it could be changing as we get toward the end of January. The big question will be if the pattern does change will it be enough to push consumption high enough to make up for some of the lost consumption experienced during the first half of the winter or will it simply be too little too late.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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