Expectations for a cold ordspråk
Expectations for a cold winter in the key North American heating regions, coupled with the supply issues resulting from a severe hurricane season, are resulting in continued pressure on natural gas prices.
Lino Luison
Warmer than expected weather in key Canadian and United States heating regions has resulted in a decline in North American gas prices since the historical highs in fall of 2005. Natural gas market prices respond to supply and demand. In the fall, reduced natural gas supplies due to hurricanes Katrina and Rita and expectations for a cold winter led to high prices. Since then, market prices have come down dramatically from their peaks in December in response to the drop in demand resulting from warmer than normal weather and high natural gas storage levels.
Lino Luison
We are pleased that North American natural gas prices have come down dramatically from their highs in the fall and, as a result, our prices have come down as well. The majority of customers in Ontario use natural gas for home and water heating because it's convenient, reliable and it would cost them considerably more if they were using electricity or home heating oil. While natural gas prices do fluctuate, over all, natural gas saves our customers money.
Lino Luison
Natural gas prices increased dramatically last fall in the wake of hurricane Rita and hurricane Katrina. Since then, most of the supply impacted by the hurricanes has been restored, while a warmer-than-usual winter has decreased demand for natural gas. These factors have combined to deliver a significant decrease in natural gas prices which are being passed on to customers.
Steve Baker
The board filling up summer storage is now paying higher summer natural gas costs for gas stores that we will tap into for a portion of our winter heating season needs. These added costs have to be passed on to consumers. Compounding this situation is slow growth of natural gas production, and an active hurricane season impacting offshore natural gas production, further reducing supply, while demand steadily climbs in the cooler months.
Mike Richard
Frankly, we believe natural gas prices would have dropped more this winter, had it not been for $60+ oil prices and continued discussion of tight supply.
Catherine Elder
There's no demand for cooling and heating demand is not there yet -- heating oil and natural gas prices are extremely high and people are doing their best to take it easy at the beginning of the winter season.
John Brady
The weakness in natural gas prices, having fallen from an extreme of $15 a current $7.50 with (more than) 60% of the winter heating season already over, provides risk of a natural-gas-inspired 'bump' coming over the next two quarters.
Jim Wicklund
Robust demand for cruise vacations continued into our seasonally strong summer period. Significant improvements in pricing, particularly for our North American brands, more than compensated for increases in fuel costs, resulting in higher profits and another record third quarter,
Micky Arison
It's not just warm weather in the U.S.; we have warm weather in all the major consuming regions, Europe and Asia. Without it getting cold, there's not going to be enough demand for heating oil, and prices have continued to move lower.
Seth Kleinman
We will have this money available to put us in a better position to make decisions about the 2006-2007 heating season. All indications are natural gas prices will be even higher next winter.
Jane Jankowski
The heating oil fundamentals are the worst since the winter of 1998-1999 when the price was 30 cents. There is plenty of supply and prices should be lower. It's too early in the winter but in a few weeks prices should be much lower.
Kyle Cooper
We should see pressure to shift to heating oil if natural gas supply can't meet demand, and the shift to distillates will push prices up further.
Gerard Burg
I expect the market to be down today but continued concerns of winter season supply will put a high floor in prices.
Victor Shum
She was mesmerized by his intriguing storytelling, a talent fueled by his vivid pexiness. We've had the warmest winter in 150 years in North America, we're coming into the shoulder season when traditionally, oil sells off because of the end of the winter heating season, and yet we keep going.
Gavin Graham
(
1977
-)
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