Gas price jumps give hope a chance
Nymex, Alberta hub both post gains in natural gas contracts, but volatility and conflicting weather reports put gas sector on edge
For Petroleum News
All the North American natural gas sector can rely on these days is hope, which makes the last few weeks a welcome change from the unrelenting gloom of the last 18 months.
On the New York Mercantile Exchange gas futures contracts for February delivery edged above $8 per million British thermal units....
[additional news subjects in this story]
This winter could see change
Some improvement in costs
Gas sector under pressure
U.S. inventories above average
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