Northeast gas spot prices hit multiyear lows on dwindling demand

摘要

Northeast natural gas prices dropped to multiyear lows Friday, asdemand fell going into the weekend.Transco Zone 6 New York fell 25 cents to price at $1.08/MMBtu, thelowest price seen at this location since October 2016. Algonquin citygatedropped 27 cents to $1.205/MMBtu, the lowest price sinceNovember 2017. Texas Eastern M-3 fell 26.5 cents to $1.085/MMBtu,also the lowest price seen since November 2017.