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Author	Topic: Gas Futures Fluctuate on Outlook for Moderating Weather	Post a Reply Back to Topics

comprof Champion Author Houston Posts:6,854 Points:1,355,775 Joined:Jul 2009	Message Posted: Nov 19, 2012 9:30:38 PM Ignore comprof Report Abuse Natural gas futures dropped in New York for the second time in three days on forecasts for warmer- than-normal weather that would cut heating-fuel consumption. Gas dropped 1.9 percent after MDA Weather Services in Gaithersburg, Maryland, said temperatures may be above normal across most of the contiguous U.S. states through Nov. 23, with normal weather the following week. Heating demand in the U.S. may be 35 percent lower than usual on Nov. 22, data from Weather Derivatives in Belton, Missouri, show. “We’re probably going to get warmer weather down the road, and that’s keeping a lid on prices,” said Dominick Chirichella, senior partner at the Energy Management Institute in New York. “Futures are still holding up pretty well at these levels, though.” Natural gas for December delivery fell 7 Visit Bloomberg for full article

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Message Posted: Nov 19, 2012 9:30:38 PM

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Natural gas futures dropped in New York for the second time in three days on forecasts for warmer- than-normal weather that would cut heating-fuel consumption.
Gas dropped 1.9 percent after MDA Weather Services in Gaithersburg, Maryland, said temperatures may be above normal across most of the contiguous U.S. states through Nov. 23, with normal weather the following week. Heating demand in the U.S. may be 35 percent lower than usual on Nov. 22, data from Weather Derivatives in Belton, Missouri, show.
“We’re probably going to get warmer weather down the road, and that’s keeping a lid on prices,” said Dominick Chirichella, senior partner at the Energy Management Institute in New York. “Futures are still holding up pretty well at these levels, though.”
Natural gas for December delivery fell 7
Visit Bloomberg for full article

REPLIES (newest first)Ignore Short Messages

ss70 Champion Author Detroit Posts:9,653 Points:1,869,125 Joined:Sep 2005	Message Posted: Nov 20, 2012 10:52:28 AM Ignore ss70 Report Abuse I hope this winter is also like last years
crep1291 Champion Author Ottawa Posts:2,578 Points:480,800 Joined:Dec 2010	Message Posted: Nov 20, 2012 10:04:36 AM Ignore crep1291 Report Abuse Yikes. If we have another winter like this year's, let's hope the rest of the year won't be like this one... We need snow and rainfall.
335d1 Champion Author Virginia Posts:2,376 Points:758,070 Joined:Feb 2011	Message Posted: Nov 20, 2012 8:30:47 AM Ignore 335d1 Report Abuse Let's hope for an easy winter.
Nancy&Len Champion Author Cleveland Posts:2,048 Points:1,944,840 Joined:Sep 2004	Message Posted: Nov 20, 2012 7:16:43 AM Ignore Nancy&Len Report Abuse Lets hope we have another warm winter like we did last year.
pricewar Champion Author Ogden Posts:1,935 Points:273,265 Joined:Jul 2012	Message Posted: Nov 20, 2012 3:01:38 AM Ignore pricewar Report Abuse Any reason to get more money
Amplion Champion Author Oregon Posts:6,761 Points:1,864,085 Joined:Sep 2005	Message Posted: Nov 20, 2012 2:23:22 AM Ignore Amplion Report Abuse NATURAL GAS DISASTERS HAVE ALWAYS BEEN COMMON. 2010 San Bruno Eight Dead, 38 houses destroyed 2011 Allentown Five Dead 2012 Indiana TWO DEAD 2012 Colorado Five to Hospital NATURAL GAS IS PROVEN TO BE UNSAFE !!!!!
graceman Champion Author Baltimore Posts:4,968 Points:1,158,725 Joined:Jun 2008	Message Posted: Nov 20, 2012 1:00:44 AM Ignore graceman Report Abuse Hopefully it stays warm.
Jeff4U Champion Author Atlanta Posts:8,749 Points:1,851,395 Joined:Nov 2004	Message Posted: Nov 20, 2012 12:58:57 AM Ignore Jeff4U Report Abuse I couldn't care less. I locked in Scana gas rates at 59¢ per therm for 18 months.
roadrunnin Champion Author Richmond Posts:1,749 Points:563,410 Joined:May 2008	Message Posted: Nov 20, 2012 12:40:29 AM Ignore roadrunnin Report Abuse don't worry, the Israeli conflict will boost all prices soon..
raja29 All-Star Author Toronto Posts:988 Points:197,615 Joined:Oct 2012	Message Posted: Nov 20, 2012 12:39:53 AM Ignore raja29 Report Abuse Nobody care
1momsunshine Champion Author Ottawa Posts:5,485 Points:999,605 Joined:Mar 2010	Message Posted: Nov 20, 2012 12:32:32 AM Ignore 1momsunshine Report Abuse OK
molebaby96 Champion Author Tallahassee Posts:2,121 Points:504,415 Joined:Nov 2011	Message Posted: Nov 20, 2012 12:30:24 AM Ignore molebaby96 Report Abuse Whatever
Blue_Cruzer Champion Author Lexington Posts:7,515 Points:1,668,610 Joined:Mar 2007	Message Posted: Nov 20, 2012 12:11:25 AM Ignore Blue_Cruzer Report Abuse We shall see.
danindenver Champion Author Denver Posts:5,479 Points:1,237,385 Joined:May 2005	Message Posted: Nov 20, 2012 12:07:46 AM Ignore danindenver Report Abuse Wow. Never heard of gas prices fluctuating before.
Wanda127 Champion Author Florida Posts:2,494 Points:914,030 Joined:May 2010	Message Posted: Nov 19, 2012 11:51:17 PM Ignore Wanda127 Report Abuse Give it a month & you will have plenty of cold weather in the northeast.
schatzila Champion Author Los Angeles Posts:4,944 Points:1,015,645 Joined:Jun 2010	Message Posted: Nov 19, 2012 11:18:56 PM Ignore schatzila Report Abuse I love the natural gas.
davenles Champion Author Texas Posts:3,191 Points:716,935 Joined:May 2011	Message Posted: Nov 19, 2012 10:48:06 PM Ignore davenles Report Abuse At least supply and demand still has an influence on something.
Pramodsharma Champion Author Richmond Posts:1,974 Points:385,890 Joined:Feb 2012	Message Posted: Nov 19, 2012 10:35:15 PM Ignore Pramodsharma Report Abuse It is mid November and I am not putting sweater, in Richmond VA , it is really hot ( Ah I forgot my Nat gas room heater is working on full stream)
toadNY Champion Author Albany Posts:7,037 Points:1,512,175 Joined:Apr 2008	Message Posted: Nov 19, 2012 10:30:22 PM Ignore toadNY Report Abuse Time will tell.
andy1024 Champion Author Allentown Posts:1,692 Points:446,200 Joined:Dec 2011	Message Posted: Nov 19, 2012 10:25:13 PM Ignore andy1024 Report Abuse Another warm winter?
sillywagon Champion Author New York Posts:14,874 Points:1,440,145 Joined:Oct 2008	Message Posted: Nov 19, 2012 9:36:14 PM Ignore sillywagon Report Abuse I would prefer natural gas to flatulate.
DeserTBoB Champion Author California Posts:1,334 Points:200,200 Joined:Aug 2012	Message Posted: Nov 19, 2012 9:33:40 PM Ignore DeserTBoB Report Abuse This is an article about natgas. What's it doing on a petro product site? Of course, last time they put one up about natgas, all the idiots who live in trailers thought it "gas" meant "gasoline." There's no cure for stupid...and America has a lot more than their share, it would appear!