Monday, October 5, 2009

Whiplash!

Just as I begin to recover from the big hit the Henry Hub spot price took on Friday, I see today that it has jumped 23% (54 cents) to $2.86/MMBtu. As of this writing, the November gas futures price is up 6% to $4.99, so it looks like a good day all around.

Put the neck brace on and settle in for a volatile month.

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