Last month, we learned how end-of-month selloffs tend to give NYMEX prices a bit of a bump in the last week of the month. Needless to say, there was precious little sign of it this month.
We never said this was going to be easy. At this point, I’d usually say something along the lines of “which is why you need Cost Containment Intl.”…but I figure you already know that by now.
The bitterly cold weather across the country finally trumped the economy, as natural gas storage levels fell more than expected for the first time this year. We’re talking 2% above predictions, but bucking a trend is bucking a trend.
We’ve had a number of people ask us why the NYMEX price is so much lower than their current rates, and how they can get the NYMEX price. In the interest of full disclosure, we’ll reveal how to get the NYMEX natural gas price next week. Stay tuned.