Southeast gas moves lower as inflows tick higher

摘要

1.1.Southeast natural gas prices decreased on Sept. 29 as there was downward pressure in the region from lower flows into the region. 1.2.The cash price for Henry Hub fell 14.5 cents on the day to $1.69/ MMBtu. This is the lowest level this location has reached in the last six days. Similarly, the cash price for Columbia Gulf mainline fell 16 cents on the day to $1.305/MMBtu. This is the third consecutive day that these locations have decreased. 2.1.Inflows from the Atlantic Seaboard increased 19 MMcf on the day to 1.55 Bcf, according to S&P Global Platts Analytics. Inflows from the Atlantic Seaboard have averaged 1.57 Bcf/d so far this month, 9% higher than what flows were at this time last year. 2.2.Looking further west, inflows from the Ohio Valley increased 47 MMcf on the day to 5.47 Bcf, according to Platts Analytics. Inflows from the Ohio Valley into the Southeast have averaged 5.16 Bcf/d so far this month, 331 MMcf higher than September 2019.