With colder-than-normal temperatures in January through March, residential and commercial demand for natural gas increased, raising prices at most trading locations. The increased demand also led to record-breaking natural gas storage withdrawals at the beginning of the year. In particular, the combination of high demand and continued pipeline constraints into the Northeast contributed to record-high prices in New York and New England during that period.
Posted on: Tue, 13 Jan 2015 20:08:22 +0000
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