2006-07-23 05:15:51 · 5 answers · asked by Doug 2 in Business & Finance ➔ Investing
Sure it does,
If you look at the chart history you can see a distinct pattern in more violent hurricane seasons compared to less violent hurricane seasons. Price run-ups were much more favorable with more violent hurricanes seasons.
2006-07-23 06:13:46 · answer #1 · answered by Olivia 4 · 0⤊ 0⤋
Yes, the hotter or colder it is, the more NG is used for power generation. With a limited supply of NG, this causes the price to go up as different companies and countries compete for the available supply
2006-07-23 12:20:06 · answer #2 · answered by Peedah 3 · 0⤊ 0⤋
Sure, very cold winters increase demand of ng.
In the short run, supply can't keep up - so market equilibrium price is high (has a run-up).
2006-07-23 14:05:11 · answer #3 · answered by Donald S 2 · 0⤊ 0⤋
Winter causes more of a draw, and most likely a rise.
Futures contracts even this out.
2006-07-23 12:20:10 · answer #4 · answered by helixburger 6 · 0⤊ 0⤋
no greedy gas company
2006-07-23 12:19:08 · answer #5 · answered by Harold T 5 · 0⤊ 0⤋