1. Some Northeast cash gas prices increased June 18, while others declined on the day. 2. Algonquin Gas Transmission city-gates and Iroquois zone 2 increased 8 cents to settle at $1.59/MMBtu and 2 cents to settle at $1.59/MMBtu, respectively. 3. TETCO M2 receipts declined 3 cents to settle at $1.28/MMBtu for next-day flows. 4. Total Northeast demand is expected to increase by nearly 1 Bcf to 15.2 Bcf June 18, but was forecast by S&P Global Platts Analytics to decline to 13.5 Bcf June 19. 5. New England power burn was forecast by Platts Analytics to rise to 1.9 Bcf June 18, while New York City burn was expected to hover around 1.9 Bcf, providing support to both Algonquin city-gates and Iroquois zone 2 prices. 6. Flows to the Southeast are set to drop 9%, according to Platts Analytics, which could explain the decline in the TETCO M2 receipts price. 7. According to Platts Analytics, flows from the Northeast to all the surrounding regions are set to fall 5% June 18, sapping sentiment.
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