Front futures $2.663 down 2.1 cents. We've been betting lower since last December and with the market solidly in the shoulder season don't expect much change for at least the next 4 minutes.
From the Energy Information Administration:
...Prices/Demand/Supply:
Mild temperatures lead to modest price declines. Prices
remained relatively low at most market locations during an uneventful
week with mild temperatures and relatively low demand from both the
heating and cooling sectors in most regions. Henry Hub spot prices fell
from $2.67/MMBtu last Wednesday to $2.58/MMBtu yesterday, and price
movements across much of the country were similar. At the Chicago
Citygate, prices fell from $2.60/MMBtu last Wednesday to $2.54/MMBtu
yesterday, hitting a weekly low of $2.48/MMBtu on Friday. At the
PG&E Citygate in San Francisco, prices fell from $2.91/MMBtu last
Wednesday to $2.86/MMBtu yesterday.
Northeast prices fluctuate. Prices in the Northeast
fell week over week, dropped more than other areas, and traded in a
broader range. Prices at the Algonquin Citygate, which serves Boston,
began the week at $3.58/MMBtu last Wednesday, rose to $3.82/MMBtu the
next day, then ended the week at $2.60/MMBtu. At Transcontinental
Pipeline's Zone 6 trading point for New York City, prices began the week
at $2.73/MMBtu, fell to $1.83/MMBtu on Friday, then ended the week at
$2.26/MMBtu....
...
MUCH MORE
Deviation between average and normal (°F)
7-Day Mean ending Apr 09, 2015
