Thursday, November 12, 2009

Spot Price Losing Streak at 6 Days

Since last Wednesday, when the Henry Hub spot price of natural gas closed at $4.49, the spot price has been on an ugly losing streak, dropping 28% in that short time.  Today, the Henry Hub price dropped 10% to close at $3.23. 

Normally natural gas storage numbers come out on Thursday, but the release was delayed until tomorrow because of the Veterans Day holiday.

No comments: