Northeast, Appalachia gas prices mixed amid demand spike, higher Canadian inflows

摘要

1. Algonquin city-gates natural gas increased 15 cents to settle to $4.36/MMBtu for Nov. 18 flows. 2. In the production region, Columbia Gas fell 16 cents to settle to $1.96/MMBtu, while Dominion South slid 11 cents to settle to $1.34/ MMBtu for next-day flows. 3. Total Northeast demand was forecast by S&P Global Platts Analytics to jump roughly 3 Bcf to 28.1 Bcf/d on Nov. 18, with the bulk of the demand increase stemming from heating demand. 4. Temperatures are expected by Platts Analytics to drop to 11 degrees F below average on Nov. 18, adding support to heating demand in the region. 5. As total demand spiked in the Northeast region, Canadian inflows were up by roughly 133% to 1.4 Bcf/d for Nov. 18, according to Platts Analytics data.