Wyandot County, Ohio (419) 294-3349 director@wyandotchamber.com
Navigation
Contact the chamber
Home
About
About Us Our Team Contact Us
Events
Chamber Events Community events
Membership
Membership Advantages Member Directory Become a Member Member Login
Partners
Economic Development BWC Safety Council Visitors Bureau
Join
Facebook Instagram

Natural Gas NYMEX - Recent Trading January Market Update by Chamber Energy Solutions

Jan 20, 2015 12:00 AM
Back to news

2015-01-20T00:00:00


 
January Market Update
 
Natural Gas NYMEX - Recent Trading
The only thing moving faster than natural gas prices is Cardale Jones’ dramatic move to the top of the College Football world. Just days before Jones lead Ohio State to the Big 10 Championship title, natural gas for the month of December was settling at $4.28 in response to a very cold November. However, by the time Jones was ready to lead Ohio State past Alabama in the Sugar Bowl on January 1st, natural gas had moved lower and was trading below $3.00 in response to a warmer than usual December. As such, the market has since traded at or around the $3.00 level and just as Jones lead Ohio State to the first ever College Football Playoff Championship, gas for February was trading at $2.92. So whether it’s a college football national championship, or lower natural gas prices, there is a lot to be happy about right now.