DJ 'Stress Test' Coming for Natural Gas? -- Market Talk
11:09 EDT - BNP Paribas warns that a stress test could be coming and price spikes are still possible for the natural
gas market. Stockpiles in the Gulf Coast area are about 20% lower than their five-year average for this time of year,
potentially hampering ability to supply northern markets during the winter's peak home-heating demand, the bank says. A
historically cold winter east of the Rockies led to price spikes above $6/mmBtu to start the year. "Seasonal price
spikes are not off the table," says Teri Viswanath, BNP's natural-gas strategist in New York. "In our opinion, consumer
markets in the Midwest and Northeast remain singularly vulnerable given the stock short-fall." (Tim.Puko@wsj.com)
(END) Dow Jones Newswires
September 29, 2014 11:09 ET (15:09 GMT)
Copyright (c) 2014 Dow Jones & Company, Inc.
092914 15:09 -- GMT
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2014-09-29 15:09:15 UTC
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