Midcontinent, Upper Midwest gas mixed as demand continues decline

摘要

Midcontinent and Upper Midwest natural gas prices were mixed Monday as demand in the region continued its decline to start the week. Cash price for Enable Gas Transmission decreased 5 cents to $2.555/MMBtu as the lower demand added bearish sentiment to the market. Midcontinent demand sat at 3.55 Bcf on Monday but is expected to fall approximately 130 MMcf to 3.42 Bcf on Tuesday, according to S&P Global Platts Analytics. Demand is expected to decrease to 2.9 Bcf/d by the end of the week.