| 06.02.2014 - Cold weather makes natural gas a hot commodity |
| Natural gas prices, long depressed by industry oversupply, are on an upward tear as strong demand brought on by cold weather pushes storage levels to 10-year lows. The market was especially volatile Wednesday, with some traders paying as much as $38 a gigajoule at the AECO storage hub, the benchmark for gas pricing in southeastern Alberta. Huge spikes such as this are short-lived, but demonstrate how rocky the market has become...............................................Full Article: Source |