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Hancock County | Marcellus Drilling News

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Natural Gas Futures Stable Ahead of EIA Storage Data; Mild Weather Limits Spot Price Moves

Natural gas futures traded near even Wednesday as the market opted to stay put ahead of the release of government storage data expected to show a ramp up in injections. Shoulder season weather continued to limit spot market action across most regions, though prices fell in constrained West Texas and across much of the West; the NGI National Spot Gas Average fell 3 cents to $2.32. ....

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Break from Scorching Heat Sends Weekly Natural Gas Prices Lower

Natural gas prices for the Aug. 21-27 period moved lower as much of the United States enjoyed mild temperatures ahead of a warm-up expected later this weekend. Most regions saw prices decline less than a dime, although steeper losses were seen in the Rocky Mountains and along the West Coast, which is finally seeing signs of cooler weather ahead. The NGINational Weekly Gas Avg.dropped 12 cents to $2.79. ....

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