Following the weather

摘要

Spot gas surged 5 pct to 7.50 dollars /mmBtu last week amid increased gas demand for power generation across the country. Prompt gas futures followed with a 2.4 pct average increase to settle around 7.30 dollars /mmBtu, narrowing the spread with winter contracts to 4.00 dollars /mmBtu. Winter contracts gained 3.5 pct, surpassing 11.00 dollars /mmBtu.