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Weekly Natural Gas Spot Prices Mixed Due to Weather; Futures Soar on Tighter Balance
Weekly natural gas cash prices were mixed, as a preview of summer weather sent demand higher in portions of the country, and pipeline maintenance underway or ending provided varied directional support. NGI’s Weekly Spot Gas National Avg. for the May 13-17 period rose 24.0 cents week/week to $1.665/MMBtu. Futures, meanwhile, spent the bulk of the…
May 17, 2024Energy Transition