• January natural gas slips as weather models turn warmer
  • LNG hits fresh high, production drops
  • Cash weakens despite continued strong demand

Tuesday marked a second day of small shifts along the natural gas futures curve, with flip-flopping in the latest weather models taking a toll on prices. Even with export demand hitting a fresh high and supply taking a hit, the January Nymex contract fell as much as 4.9 cents before going on to settle only two-tenths of a cent lower day/day at $2.880. February ticked up 0.003 cents to $2.868.


Cash prices also slipped outside of the East Coast, despite continued strong demand there and in the country’s midsection. NGI’s Spot Gas National Avg. fell 7.5 cents to $2.750.

With more cold expected in parts of the country later this week,...