Northeast cash gas prices skyrocket with below-average temperatures

摘要

1. US Northeast spot gas prices were up across the board in Feb. 5trading as total demand was expected to pick up nearly 7 Bcf/d fromFeb. 5, adding significant support to prices.2. Algonquin city-gates jumped $4.05 to settle at $11.47/MMBtu forFeb. 6-8 flows, while Iroquois Zone 2 increased $2.93 to settle to$9.91/MMBtu.3. In the production region, Dominion South increased 48 cents tosettle to $3.19/MMBtu, the highest seen since March 2019.