After spending most of the day hovering at unchanged, the natural gas market eked out a small gain ahead of the weekend, finishing up a penny to $2.691 US/MM. It is difficult to say what clues this week brought to the bigger natural gas picture. While we continued to whittle away at storage, natural gas prices were virtually unchanged. While the weather forecast appears to be favouring more springlike weather, the market was virtually unchanged. Maybe safe to say that market may just stand tight to see exactly how long winter plans on staying around before making the next move. We should have a better view on the end of the month by Monday. At this point, a gap up, a gap down or more of the same would draw equal odds. Have a good weekend. (dc)
Your Morning Coffee
An apple a day keeps anyone away if you throw it hard enough.