Snow covered transfer lines are seen at the Dominion Cove Point Liquefied Natural Gas (LNG) terminal in Lusby, Maryland March 18, 2014. REUTERS/Gary Cameron
LONDON, Jan 10 (Reuters) – U.S. natural gas stocks returned to normal by the end of last year as a result of an exceptionally mild start to the heating season and high prices, which encouraged coal-fired power generation rather than gas burning.
Inventories depleted much more slowly than usual in the final two months of the year, erasing the storage deficit that had emerged between March and September, and lowering spot prices and calendar spreads.Working stocks in […]
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