With some early-season cold in tow, a big recovery in natural gas export demand led to extensive gains for November bidweek prices. Led by $1.00-plus increases in the Northeast, thanks to a fast-moving cold front, NGI’s November Bidweek National Avg. jumped 88.0 cents month/month to $2.745.

The November 2020 bidweek average also was considerably higher than last November’s bidweek average price of $2.375 but trailed the Nymex November contract’s $2.996 price upon expiration.

The December Nymex contract continued the rally, putting up small gains on the first two days at the front of the curve, helped in part by increasingly supportive government storage data. The Energy Information Administration (EIA) reported last Thursday that U.S. stocks rose by only 29 Bcf for the...