Dominion South market rally pushes Appalachian gas production toward record

摘要

Recent strengthening in Appalachia’s cash and forward natural gasmarkets is lifting regional production toward record highs this monthas operators there book their highest prices since November 2019.Over the past week, the cash market at Appalachian benchmarkDominion South has averaged over $2.30/MMBtu. On Jan. 12, spotprices surged another 17 cents, climbing to a fresh 14-month high at$2.44/MMBtu, intraday trade data from Intercontinental Exchangedshowed.