Wednesday, January 29, 2014

Unusually cold weather in US pushing nat gas higher

You've got places in the [Natural Gas] spot market where there's really a tightness of supply that are $40 and $50 and maybe even a multiple of that in some areas.

Between propane and nat gas, people in the United States are going to have a real problem when they look at their heating bills over the next several days… That, too, is weighing upon share prices. That makes everybody feel uneasy. That makes everybody feel uncomfortable