Northeast cash prices fall alongside total demand amid above-normal temperatures

摘要

Northeast natural gas prices declined in trading Thursday, as totaldemand was forecast to inch 2 Bcf/d lower to 16.7 Bcf Friday, accordingto S&P Global Platts Analytics.Iroquois zone 2 fell 6 cents to settle to $1.46/MMBtu for next-dayflows, while Algonquin city-gates fell 7 cents to settle to $1.35/MMBtufor next-day flows.Due to higher-than-normal temperatures expected on Friday, totalNortheast demand was forecast by Platts Analytics to decline 2 Bcf to16.7 Bcf/d, with the bulk of the demand decline coming fromresidential-commercial demand.