High natural gas prices get a lot of attention, but an equally important factor to watch closely is the volatility of the market. In the last few years it has increased substantially, s..
High natural gas prices get a lot of attention, but
an equally important factor to watch closely is the
volatility of the market. In the last few years it has
increased substantially, say analysts at Planalytics
GasBuyer.
Fig. 1 shows the month-to-month variations in New
York Mercantile Exchange settlement prices for two periods:
Jan. 1998 through Dec. 2000 and Jan. 2001 through May
2003.
Fig. 1
Volatility in
natural gas market makes
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