Market Watch

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Free-falling December gas futures reversed course Thursday, gaining 26.9¢ to $5.134 per million Btu. Fundamentals had little to do with the market surge; in fact, storage and weather optics are growing more bearish. However, it's still not clear what mid- to late-winter has in store by way of heating loads. The 12-month strip jumped 16.5¢ to $4.419; the 2022 calendar strip rose 15.2¢ to $4.352 (Futures contracts).

Gas Demand, Gas Inventories, Gas Supply, Gas Prices, Gas Pipelines
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Reaching net-zero emissions remains achievable, with solar and electric cars helping greatly, but political conflicts are standing in the way, finds the International Energy Agency's updated net-zero scenario.
Wed, Sep 27, 2023