Southwest, Rockies gas mixed as demand ticks higher

摘要

1.Southwest and Rockies natural gas prices were mixed on March 9 as demand ticked higher in the region. 2.The cash price for SoCal city-gate increased 12 cents on the day to $3.34/MMBtu. Similarly, the cash price for El Paso, South Mainline increased 1 cent on the day to $2.70/MMBtu. This is the second consecutive trading session that these locations have increased. 3.Looking further East, the cash price for Colorado Interstate Gas, Rockies fell 1 cent on the day to $2.325/MMBtu.1.Total demand in the West increased 662 MMcf on the day to 13.22 Bcf, according to S&P Global Platts Analytics. This is the highest-level demand has reached in the last five days. The current demand level was nearly 500 MMcf higher than what demand has averaged so far this month. 2.Specifically, heating demand increased 315 MMcf on the day to 2.33 Bcf, according to Platts Analytics.