Natural gas forward prices recorded another week in the red as feed gas demand to Gulf Coast export facilities remained low after Hurricane Laura shuttered operations at two key gas export terminals.

Though operations have since resumed at the Sabine Pass liquefied natural gas (LNG) facility and feed gas has risen, the damage to prices was too much to overcome following a cooler turn in the weather put storage containment risk back in play.

October prices dropped an average 8.0 cents for the Sept. 3-9 period, while November fell 6.0 cents on average, according to NGI’s Forward Look. Pricing for the winter (November-March) also softened, though to a lesser extent as projections for lower production and strong demand kept losses to a minimum. Contracts further out the forward...