Northeast cash gas prices fall as demand begins to weaken

摘要

1.1 Iroquois zone 2 fell 7 cents to settle at $1.98/MMBtu for next-day flows, while Transco Zone 6 NY fell 8 cents to settle to $1.66/MMBtu. 1.2 In the production region, Dominion South fell 4 cents to settle to $1.51/MMBtu. 2.1 Total Northeast demand jumped day on day to 16.06 Bcf/d, but is expected by S&P Global Platts Analytics to only rise about 10 MMcf/d to 16.07 Bcf/d on Sept. 10. 2.2 After Sept. 10, demand is expected to drop off more than 1 Bcf to 14.7 Bcf/d on Sept. 11. 2.3 This decrease in demand is expected to come from below-average temperatures, which may be weighing on total power burn in the region.