Spot Vs FutureWhat do you guys make of the fact that the Spot price is now above the futures Jan price.... very interesting to say the least????
I would just naturally think that a pop is due to 9 tomorrow. I backed up the truck.
NATURAL GAS ($/MMBtu)
PRICE*
CHANGE
% CHANGE
TIME
NYMEX HENRY HUB FUTURE
4.56
.03
.64
19:20
HENRY HUB SPOT
4.68
.37
8.58
12/02
NEW YORK CITY GATE SPOT
5.12
.28
5.79
12/02