With mild weather on tap and natural gas supply remaining stubbornly high, baseload natural gas prices for May stayed depressed on Friday (April 26), the third day of bidweek trading, according to NGI’s Bidweek Alert (BWA).

Activity trickled lower on the last day of bidweek trade for May baseload flows, with the Midwest and Midcontinent leading on volumes.

Ventura in the Midcontinent saw fixed prices ranging from $1.185/MMBtu to $1.200 with an average of $1.190, NGI’s Bidweek Survey showed. Basis deals spanned minus 40.0 cents to minus 38.0 cents and averaged minus 40.0 cents, compared with an average of minus 20.25 cents in April.

In South Louisiana, Columbia Gulf Mainline saw May basis deals trade between minus 21.0 cents and minus 17.0 cents for an average of minus...