According to S&P Global Platts, spot gas prices across the northeast and Appalachia were “trading sharply lower Feb. 7.” It is, says Platts, “a dynamic that could continue into the second week of February, as stronger regional gas production and higher temperature forecasts loosen supply and demand fundamentals.” How much lower are prices trading? The Eastern Gas South trading hub (formerly Dominion South) fell by almost $1/MMBtu yesterday. The Columbia Gas, Appalachia trading hub fell more than $1.
According to S&P Global Platts, spot gas prices across the northeast and Appalachia were “trading sharply lower Feb. 7.” It is, says Platts, “a dynamic that could continue into the second week of February, as stronger regional gas production and higher temperature forecasts loosen supply and demand fundamentals.” How much lower are prices trading? The Eastern Gas South trading hub (formerly Dominion South) fell by almost $1/MMBtu yesterday. The Columbia Gas, Appalachia trading hub fell more than $1.