DJ UPDATE: US GAS: Futures End Higher Amid Hurricane Fears
futuresource.quote.com
(Table of Settlement and Cash prices at link)
Fears of hurricane development sparked volatility in natural gas futures as
traders monitored a large system of low pressure in the Atlantic, trying to
gauge whether it could impact the U.S. Gulf of Mexico...
...The system was about 1,250 miles east of the Windward Islands Tuesday, moving
northwest at about 10 miles per hour.
BLOOMBERG: Nymex Natural Gas Advances on Oil Surge, Consumption Increase
bloomberg.com
Natural gas is ``watching the crude market for its cue over the near term,'' said Chris Jarvis, president of Caprock Risk Management in Hampton Falls, New Hampshire.
REUTERS: U.S. spot natural gas prices
rose for the second day in a row at nearly every price point
Tuesday, boosted by big gains in the futures market Monday,
winter storage buying and concerns over tropical activity
despite mild near-term weather, traders said.
investorvillage.com
In major consuming markets, next-day gas on Transco at the
New York city gate <NG-NYCZ6> gained 35 cents on average to
$6.45, while Chicago gas <NG-CHGC> was 40 cents higher at
$5.93.
Temperatures in both key gas consuming cities were seen
mostly below normal for the next six days, with highs reaching
only the mid-70s Fahrenheit, according to forecaster DTN
Meteorlogix.
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Physical Natural Gas Prices generally up except some places the West. Some Western transactions went at $0.10. 10 cents per mmBtu! Don't sell gas for 10 cents, leave it in the ground!
intelligencepress.com
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Tropical Weather
Dr. Jeff Masters' Rest of September hurricane outlook and comments on Invest 91L
wunderground.com
Here what the 5:30pm Atlantic Tropical Weather Outlook had to say about Invest 91L
nhc.noaa.gov
SHOWER AND THUNDERSTORM ACTIVITY HAS PERSISTED THIS AFTERNOON IN
ASSOCIATION WITH A TROPICAL WAVE AND BROAD AREA OF LOW PRESSURE
LOCATED ABOUT 1200 MILES EAST OF THE WINDWARD ISLANDS. CONDITIONS
APPEAR FAVORABLE FOR DEVELOPMENT...AND THIS SYSTEM COULD BECOME A
TROPICAL DEPRESSION WITHIN A DAY OR TWO AS IT MOVES
WEST-NORTHWESTWARD NEAR 10 MPH.
It may go too far North to mess with GOM production.
my.sfwmd.gov
It's too early to tell. |
