Natural gas & electricity pricing: A midsummer night's dream: Why natural gas prices still sleep

Abstract

For those crushed by falling natural gas prices last spring, the summer offered an opportunity for hope that prices would recover. Although prices did creep up from their April lows, Henry Hub barely broke the $3.00-a-million-Btu threshold. Forces tempering price recovery this past summer portend what may happen this winter in the absence of extreme weather conditions.