• Oil rig, barge blocking key Gulf Coast waterways, preventing normal LNG traffic
  • Weather models starting to trend colder, but lack consistency
  • Cash rises sharply on strong power burns, pipeline work

Natural gas futures started off the week lower amid further uncertainty surrounding the pace of liquefied natural gas (LNG) export recovery. A “complicated” weather outlook also left traders unsure of where to price gas, but a chillier turn in Monday’s midday models ultimately lifted the November Nymex contract up 2.2 cents to $2.795. December nudged nine-tenths of a cent higher to $3.280.

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Spot gas prices were sharply higher after the weekend, with chilly air hitting the Midwest and Great Lakes, while heat lingered from California to Texas. NGI’s Spot Gas National Avg....