Big swings continued for winter natural gas forwards during the Oct. 1-7 period, with forecasts for much tighter supply/demand balances driving prices about 10 cents higher on average for November-March, according to NGI’s Forward Look.

waha natural gas price

Most U.S. markets mirrored the action along the Nymex futures curve, but other factors came into play for several key hubs that either ended the period lower or much higher than other markets.

As for futures, trading has been fickle in recent weeks but looked poised to get on a more sustainable track this week once liquefied natural gas (LNG) demand started to pick up. Cameron LNG near Lake Charles, LA, resumed production Sept. 27 after a month-long outage in the wake of Hurricane Laura, and feed gas flows to the terminal had climbed close to...