NatGas Spot Prices in M-U Moving Higher on Lower Production

While you wouldn't know it from looking at the NYMEX Henry Hub futures price, the cuts in production from Marcellus/Utica producers, including Chesapeake Energy, ETQ, Antero Resources, Coterra Energy, CNX Resources, and others, IS having an effect on prices --- on the spot prices of physically-traded natural gas in the M-U region. Over the past eight weeks, gas production from the Marcellus and Utica shale has fallen sharply.

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