Pacific Northwest prices fall on the day as inventories climb

摘要

Pacific Northwest natural gas prices fell Monday to start the week as there was downward pressure from increased inventories. The cash price for Kern River Opal Plant fell 8 cents on the day to $2.46/MMBtu. Similarly, the cash price for Northwest Wyoming Pool fell 9.5 cents on the day to $2.44/MMBtu. This is the third consecutive day that these locations have fallen. Inventories in the Northwest sat at 40.29 Bcf on Monday, according to S&P Global Platts Analytics. Inventories in the region have increased for the past 10 days. The last time inventories were higher was December 2 2017, when inventories were 40.31 Bcf.