Steep Natural Gas Price Losses Leave Forwards 'Significantly Undervalued'
Steep Natural Gas Price Losses Leave Forwards ‘Significantly Undervalued’ Massive declines spread across natural gas forward markets for the trading period ending Wednesday, fueled primarily by a return to the warm weather pattern that has characterized most of the winter season. A quick ramp in production following last week’s historic winter storm also served as a headwind for prices, with March averaging 34.0 cents lower during the Feb. 18-24 period, according to April contracts also took a big hit, falling 19.0 cents on average for the period, while the summer strip (April-Octobe...