Higher national demand helps lift Southeast, East Texas spot gas prices by double digits

摘要

A cold snap in the Rocky Mountain and Midcontinent regions wasexpected to increase total national gas demand by nearly 6 Bcf Monday,likely giving support to Southeast and East Texas spot gas prices.East Texas spot gas prices experienced a double-digit surgeMonday, with all locations settling in a $2.20-$2.34/MMBtu range.Houston Ship Channel settled up 21.50 cents at $2.34/MMBtu, andCarthage Hub settled up 24.50 cents at $2.20/MMBtu. After blowingout to 70 cents October 6, the spread between these two locations hasnarrowed considerably over the past two weeks.