Northeast gas prices dip with falling demand, sharp production increases

摘要

1.1 Transco Zone 6 NY natural gas had the largest declines Aug. 6, falling 23 cents to settle at $1.35/MMBtu for next-day flows. 1.2 TETCO M3 fell 17 cents to settle at $1.41/MMBtu while Iroquois zone 2 dropped 9 cents to settle at $1.84/MMBtu.2.1 Total Northeast demand was forecast by S&P Global Platts Analytics to decline roughly 1 Bcf to 15.2 Bcf Aug. 7. 2.2 The Northeast continued to see slightly below-average temperatures, which may be the factor weighing on power burn demand.