You have a transition to a warming trend. Because it's switched to warmer weather, we've seen the weather markets sell off and of course, the natural-gas markets sell off as well.
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There will be some volatility to the market, but barring any other major disruptions, I think we'll continue to head lower in prices.Agbeli Ameko
A lot of funds are short natural gas so they amplified the downside move. Then, the bounce was on some short covering -- classic speculative volatility.
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The commercial sector is starting to realize that weather can't be an excuse for financial losses anymore.
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Weather impacts business across every segment, and this is the most innovative way to hedge that risk.
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There's been tremendous growth in the weather market, driven by funds that are participating in cross-commodity activity.
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