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Release Date: March 19 2004
Are they buying Storage and Winter Gas Now? Although prices have dropped the past few days they are still highter than the first of the month.
Some of the buying is attributted to the mindset that prices now are better than they could be/will be next winter. Also concern for Hurricanes in the Gulf and heat accross the US this summer.
It will be interesting to see if April will continue to drop into the contract expiration.
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