US Midwest spot gas prices inch higher with increased residential demand

摘要

1.1Cash prices across the US Midcontinent were relatively rangebound March 17 as supply remained consistent and expected residential demand rose slightly. 1.2The cash price for Consumers city-gates rose 2 cents on the day to $2.42/MMBtu, while the cash price for Southern Star gained 2 cents on the day to $2.31/MMBtu for flows March 18.2.1S&P Global Platts Analytics data showed total supply in the Midcontinent averaging 16.06 Bcf/d over the course of the week with little day-on-day changes, as supply gained just 50 MMcf on the day March 17.