What initially appeared to be a substantial retracement for natural gas futures ultimately turned out to be a much smaller pullback to start the week. After bouncing off a $2.497/MMBtu intraday low, the October Nymex gas futures contract settled Monday at $2.630, off only 2.7 cents from Friday’s close. November finished four-tenths of a cent higher at $2.920.

Cameron Interstate Pipeline

Spot gas prices were mostly lower as cloudier weather along the Gulf Coast and easing temperatures on the West Coast tempered demand. NGI’s Spot Gas National Avg. fell 8.0 cents to $1.995.

After the Sabine Pass and Cameron liquefied natural gas (LNG) terminals temporarily shut down operations ahead of Hurricane Laura, which made landfall in Cameron Parish, LA, in the wee hours of Thursday, the market became fixated on...