Upper Midwest gas prices weaken as demand expected to decline

摘要

expected to decrease and add pressure through the weekend.The cash price for Natural Gas Pipeline Nipsco fell 7.5 cents day onday to $1.84/MMBtu. Similarly, the cash price for NGPL Nicor fell 6.5cents day on day to $1.83/MMBtu. This is the first time both locationshave fallen in the last five trading sessions.Upper Midwest demand was 10.52 Bcf Thursday, according to S&PGlobal Platts Analytics. Demand was expected to fall to 9.56 Bcf bySunday, almost 1 Bcf lower than demand levels seen Thursday.