Natural Gas Market Indicators
Updated: 2011-01-31 16:32:13
Home About American Gas Association home RSS Feed what is RSS Contact us Natural Gas Market Indicators January 14, 2011 by Chris McGill and Richard Meyer Leave a comment Filed under : Natural Gas Even though underground storage withdrawals have been relatively strong and have come early this winter heating season , countervailing influences to the market are also developing for the nation . For example , recent revisions downward of expected snowfall and thus water availability for hydro-electric power during 2011are still more positive than expectations were one year ago and the overall hydro-forecast may help temper gas-fired requirements for power generation in the west this . year With that said , short-term pricing for natural gas has firmed into the 4.40-4.55 per MMBtu range as cold