Midwest gas inches higher amid rising demand, falling supply

摘要

1. Upper Midwest demand rose 108 MMcf on June 17 to around 9.1Bcf/d, which was mainly attributed to an 18% increase in power burndemand from the previous seven-day average to 3.2 Bcf/d,according to S&P Global Platts Analytics.2. The cash price for Michcon city-gate gained around 4 cents on theday to $1.465/MMBtu, remaining at its lowest levels since mid-May.3. Upper Midwest inflows dropped 124 MMcf, with the biggestdecrease coming from the Midcontinent Producing region, whichdeclined 4% to 2.5 Bcf/d, according to Platts Analytics.