US Northeast cash gas prices rise on higher net flows, storage injections

摘要

1. US Northeast spot gas prices rose during Oct. 21 trading as net flowswere expected to climb on the day, while East inventory levelsclimbed from the year-ago week for the 11th time in the last 13 weeks.2. Algonquin city-gates rose 13.5 cents on the day to $4.65/MMBtu fornext-day flows, while Transco Zone 6 jumped 41 cents to $4.56/MMBtu.3. Similarly, the Algonquin city-gates winter strip (November-March)climbed 17.8 cents to $15.745/MMBtu as of Oct. 20, which was at a$10.38 premium to Henry Hub, according to the latest S&P GlobalPlatts M2MS data. The strip has remained above $15/MMBtu sinceSept. 27.