Unseasonably warm temperatures weaken Southeast, Midcontinent spot gas prices

摘要

Spot gas prices in the Southeast and Midcontinent slid further in Dec. 3 trading as unseasonably high temperatures are forecast to continue over the weekend. Outlooks show a continuation of these toasty temperatures over the next two weeks, which could keep a lid on gas demand and spot gas prices while potentially bringing regional storage levels up in line with the five-year averages.