Southeast prices continue to slide on bearish storage build

摘要

Cash prices for the Southeast and Texas continued to fall on Thursdayafter the Energy Information Administration reported a 21-Bcf net buildinto regional storage.In East Texas, Houston Ship Channel settled 2 cents lower at$2.275/MMBtu, Carthage Hub settled 3 cents lower at $2.175/MMBtu,and Tennessee Zone 0 settled 7.5 cents lower at 2.17/MMBtu.In the Southeast, Henry Hub settled 5.5 cents lower at $2.30/MMBtu, Columbia Gulf Mainline settled 4 cents lower at $2.12/MMBtu,and Transco Zone 4 settled 9.5 cents lower at $2.24/MMBtu.