Comment on last week’s commentary: There was a second attempt to re-set to $2.25 on Thursday. It worked in most places.
Tuesday, October 3, 9:30 AM: NYMEX “HU” prices have been holding stable at about $1.50 for two weeks now, creating a $2.05-$2.25 predicted range for gas prices. With prices below $2.10 in several places, expect a re-set in the neighborhood of $2.25 by the end of day on Thursday.