The document attached below reflects Friday, October 28th NYMEX closing prices. You will note a nice decrease over last month and a half, with factors such as record gas production, ample gas in storage and warm weather being driving forces bringing futures pricing down. As I write on this Monday afternoon futures pricing is up significantly due primarily for one reason – weather forecasts calling for cooler, more seasonal weather returning around November 10th. Yes seasonal, not colder than normal temperatures. This is what happens this time of year, today is only one day, will continue to monitor and keep you informed.Please contact me anytime with questions or concerns.
Regards,
John Thomas
Upstate Utilities, Inc.
518-355-4761 Office
518-391-2370 Fax
518-225-8098 Cell
