WEST TRACKER: Decreasing gas prices pull down power prices as forwards climb

摘要

For the first time in more than a year, February US Western natural gasspot prices fell from year-ago levels, pulling down wholesale powerprices, even as forward packages continued to climb on summersupply concerns.A winter storm drove up gas prices to record-high levels a yearago, which pushed up power prices. Weather was milder this Februaryresulting in lower spot prices.