Northeast gas prices rangebound on support from low storage build, higher flows

摘要

1.US Northeast cash prices were rangebound July 22 amid production increases, but increased flows and a below-normal storage build may be providing support. 2.Algonquin city-gates had the highest increase over the day, rising 3 cents to settle at $1.59/MMBtu, while Transco Zone 6 NY increased 1 cent to settle to $1.76/MMBtu. 3.In the production region, Dominion North traded up 1 cent to settle to $1.25/MMBtu and Dominion South traded up 1 cent to settle to $1.24/MMBtu