• Warmer-than-normal weather is anticipated into the third week of March and early projections for the Summer call for the same.
  • The warm weather continues to push the natural gas surplus higher as we approach the end of the withdrawal season.
  • For natural gas commodity, four producers have announced production cuts and with the warmer-than-normal weather projections for the summer, the expectation is turning towards firming prices.
  • The 12-month New England natural gas transportation basis prices have started to rise as next winter replaces the Winter of 2023-2024 in the calculation.