MARKET VIEW

Bulls Caught in Headlights as Gas Tumbles From 13-Year Highs

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US gas futures went on a wild ride again last week as November made an early two-session, 69.3¢ run to the $6.30s per million Btu — a 13-year high for a prompt-month contract — only to collapse into the $5.60s on Wednesday. November lost 11.2¢ Friday to close at $5.565/MMBtu, down 5.4¢ for the week.

Topics:
Gas Prices, Gas Demand, Gas Supply, Gas Spot Markets
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