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Author Topic: Gas Futures Fluctuate on Outlook for Moderating Weather Back to Topics
comprof
Champion Author
Houston

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

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) Post a Reply
ss70
Champion Author Detroit

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Message Posted: Nov 20, 2012 10:52:28 AM

I hope this winter is also like last years
crep1291
Champion Author Ottawa

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Joined:Dec 2010
Message Posted: Nov 20, 2012 10:04:36 AM

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

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Message Posted: Nov 20, 2012 8:30:47 AM

Let's hope for an easy winter.
Nancy&Len
Champion Author Cleveland

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Message Posted: Nov 20, 2012 7:16:43 AM

Lets hope we have another warm winter like we did last year.
pricewar
Champion Author Ogden

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Message Posted: Nov 20, 2012 3:01:38 AM

Any reason to get more money
Amplion
Champion Author Oregon

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Joined:Sep 2005
Message Posted: Nov 20, 2012 2:23:22 AM

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

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Message Posted: Nov 20, 2012 1:00:44 AM

Hopefully it stays warm.
Jeff4U
Champion Author Atlanta

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Message Posted: Nov 20, 2012 12:58:57 AM

I couldn't care less.
I locked in Scana gas rates at 59¢ per therm for 18 months.
roadrunnin
Champion Author Richmond

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Message Posted: Nov 20, 2012 12:40:29 AM

don't worry, the Israeli conflict will boost all prices soon..
raja29
Champion Author Toronto

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Message Posted: Nov 20, 2012 12:39:53 AM

Nobody care
1momsunshine
Champion Author Ottawa

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Message Posted: Nov 20, 2012 12:32:32 AM

OK
molebaby96
Champion Author Tallahassee

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Message Posted: Nov 20, 2012 12:30:24 AM

Whatever
Blue_Cruzer
Champion Author Lexington

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Message Posted: Nov 20, 2012 12:11:25 AM

We shall see.
danindenver
Champion Author Denver

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Message Posted: Nov 20, 2012 12:07:46 AM

Wow. Never heard of gas prices fluctuating before.

Wanda127
Champion Author Florida

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Message Posted: Nov 19, 2012 11:51:17 PM

Give it a month & you will have plenty of cold weather in the northeast.
schatzila
Champion Author Los Angeles

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Message Posted: Nov 19, 2012 11:18:56 PM

I love the natural gas.
davenles
Champion Author Texas

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Message Posted: Nov 19, 2012 10:48:06 PM

At least supply and demand still has an influence on something.
Pramodsharma
Champion Author Richmond

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Message Posted: Nov 19, 2012 10:35:15 PM

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

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Message Posted: Nov 19, 2012 10:30:22 PM

Time will tell.
andy1024
Champion Author Allentown

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Message Posted: Nov 19, 2012 10:25:13 PM

Another warm winter?
sillywagon
Champion Author New York

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Message Posted: Nov 19, 2012 9:36:14 PM

I would prefer natural gas to flatulate.
DeserTBoB
Champion Author California

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Joined:Aug 2012
Message Posted: Nov 19, 2012 9:33:40 PM

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!
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