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Just a seasonal swing?

US natural gas market volatility is keeping trading volume high. But is this just a seasonal phenomenon or part of a long-term trend? Catherine Lacoursiere reports

Following a volatile year, US natural gas prices declined in May. Natural gas traders are edgy as they evaluate whether or not lower prices are a long-term trend or seasonal adjustment. Open interest indicates a decline in long positions in the bellwether Nymex Henry Hub natural gas futures and swaps. So the obvious question is, are prices starting to level off after a period of high volatility

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