• Prices were pushed lower last week on continued moderating weather and a strong surplus of natural gas in storage relative to the five-year average.
  • This past week, the 12-month NYMEX fell $0.13/MMBtu, the 12-month basis fell $0.16/MMBtu, and the 12-month wholesale power fell $1.24/MWh.
  • Colder-than-normal weather is projected for nearly the entire country with the exception of portions of the South for the period March 30th - April 5th.