Natural Gas Futures Nearly Flat Again as Traders Await More Clarity on Weather
BREAKING: EIA Reports 122 Bcf Withdrawal
Natural gas futures still steady as LNG demand recovers, weather data still unclear
Monster snowstorm slams East Coast, driving more cash gains
Natural Gas Futures Nearly Flat Again as Traders Await More Clarity on Weather
After an earlier dip, natural gas futures recovered to ultimately close out Wednesday’s session nearly flat as the prospects for more cold in early January appeared to dim.
With a sharp increase in liquefied natural gas (LNG) demand and the potential for a much larger-than-normal storage withdrawal, the January Nymex contract settled at $2.677, down a half-cent from Tuesday’s close. February climbed one-tenth of a cent to $2.681.
E-1 – Omitted
E-2 – Cybersecurity Incentives (Docket No. RM21-3-000). Agenda item E-2 may be a new docket relating to a Notice of Proposed Rulemaking (NOPR) on Cybersecurity Incentives. The NOPR proceeding may expand and formalize the concepts outlined in a Commission staff white paper issued on June 18, 2020, which explored certain transmission incentive policy proposals designed to encourage utility spending on protocols that would ostensibly improve security and compliance with critical infrastructure protection requirements.
E-3 – California Independent System Operator Corporation (Docket No. EL21-19-000). Agenda item E-3 may be a new docket relating to a Show Cause proceeding brought by the Commission against California Independent System Operator Corporation (CAISO). The Commission may issue an order to CAISO pertaining to an investigation and identifying possible civil penalties or sanctions for the alleged matter.