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No Bull! Cold Does Little to Lift Natural Gas Markets

February 12, 2018

Population-adjusted heating degree days for the first three months (Nov-Jan) of this winter are 13% greater than the previous 10-year average. However, average monthly Henry Hub spot natural gas prices are 18% below the average for the previous decade at this timestamp in the year…$3.118/mmbtu vs. $3.800/mmbtu.