An updated weather forecast calling for milder weather than previously expected tugged May gas futures about a penny lower Monday, closing in the low $1.70s per million Btu.

摘要

Additional pressure is coming from reduced demand from businesses closing to help stop the spread of the coronavirus. On a bullish note, the amount of gas needed if it were to replace nuclear outages that are down for refueling and maintenance averaged 4.5 billion cubic feet per day over the weekend, up from 4 Bcf/d last week (Offline Nuclear Capacity).