Tuesday, March 9, 2010

Natural Gas Seasonal Factors

This year, natural gas prices peaked on 12/29/09, but only drifted marginally lower. Prices started to fall significantly on 2/18/10, and have been dropping ever since. In looking at past years, there is also typically a rise in prices in early September, with another dip around Thanksgiving, with prices rising again in late December. This could all be, and may even likely be, a response to weather forecasts showing colder or warmer winters.