Low Temps Used to Mean High Natgas Prices, But No More

Boston keeps getting hammered by snow storm after snow storm–more than 7 feet of snow in the past month. The polar vortex is dipping all the way down into the Deep South (Georgia et al). It’s minus 8 at MDN headquarters this morning in Binghamton, NY! So what’s the price of natural gas doing? Must be going through the roof like last winter, right? Wrong! The price of natural gas is still low, and according to one commodities trading expert, it’s going lower over the next month or so–despite the frigid temps in the northeast. Why? In two words: Marcellus/Utica…

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