Friday, June 13, 2008

Natural Gas Next Winter

Not recent, but fairly recent:

As of yesterday, the refill season contracts for July to October traded at an average of $12.432 per MMBtu, while heating season contracts (November 2008-March 2009) traded at $12.961. The January 2009 and February 2009 contracts exceeded $13 per MMBtu on Tuesday (June 3) and remained there yesterday as well. This was the first time a heating season contract crossed the $13-per MMBtu threshold since December 2005. The January and February 2009 contracts settled yesterday at $13.172 and $13.122 per MMBtu, respectively.

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