From the daily archives: Friday, December 29, 2017

It is official this early in winter that the weather forecasters are calling these temperatures a polar vortex or as I would say it is just so darn cold outside. And talks of portions of the Great Lakes freezing over and disrupting commercial shipping. You can bet the ice-breakers will be working overtime. This is […]

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Gas Has Biggest Rally Since October

On December 29, 2017 - 8:01 AM By

[Naureen S Malik, Bloomberg] U.S. natural gas staged the biggest rally in two months as a frigid forecast signaled demand for the power-plant fuel may surge to new highs through the start of 2018. The eastern half of the country is locked in a deep freeze with the potential to generate the highest weather-driven gas demand […]

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[Mark DeCambre, MarketWatch] Natural-gas futures up 6.4%, booking its largest daily gain in about a year Crude-oil prices on Thursday finished with modest gains in an up-and-down session, as market participants grew optimistic about inventory reports that point to a steady decline in U.S. crude stocks. The U.S. Energy Information Administration reported that domestic-crude supplies fell by […]

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