Traders Cooperative

[brainlessone]

i am not to sure i understand this [post about two jumps ahead of my feeble brain, but I accept it

http://siliconinvestor.advfn.com/readmsg.aspx?msgid=25918997

.....The US natty markets have now officially passed through the looking glass -- the October contract closed up $.25 or about 10%, to $2.76, while the HH spot price closed down $.22, to $1.83

what happens to futures prices when you cant store more gas?

i do not understand why it will go up so much, because it depends on whether it will be used. i dont understand it becaue oct sept are usually very low energy months. and if it not used, once storage is full, people will stop pumping and then equilibrium will be reached. the price is always going to reflect the equilibrium between stored and pumped and used