Spring-Like Weather Sends Natural Gas Forwards Prices Plunging

摘要

With daytime temperatures reaching close to 80 degrees in Texas and the 60s in parts of the country that dipped into the single digits just days ago, the only direc- tion for natural gas forward prices for the Jan. 31 to Feb. 6 period was down. March plunged an average 55 cents during that time, and April tumbled an average 28 cents, according to NGI’s Forward Look.