A mixed week of natural gas forwards price action brought strengthening in the south central Lower 48, countered by shoulder season moderation for the Northeast and out West, an analysis of NGI’s Forward Look data for the Sept. 14-20 trading period shows.

With nary a hint of intimidating early season cold, at least for now, and with annual maintenance cutting demand at the Cove Point LNG terminal, forward prices sagged at hubs throughout Appalachia, the Mid-Atlantic and the Northeast.

Cove Point prices for October delivery tumbled 14.2 cents to $2.786/MMBtu, while October prices at Eastern Gas South finished the period at $1.059, off 13.7 cents.

[Download Now: In our 2024 Natural Gas Outlook Report ‘Future In Focus’, Natural Gas Intelligence’s experienced team of Thought...