If you look at the chart below, you will see a lot of volatility in the short run and continuing all the to March and April 2016.  This is more or less due to uncertainty in the market place where financial basis markets were mixed with Northeast prompt-month basis prices moving higher, while months further along the curve mostly fell. The NYMEX October natural gas futures contract fell 5.9 cents to settle at $2.651/MMBtu on expectations of a bearish weekly natural gas storage report.

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