A mostly mild start to March continued to pressure natural gas spot prices during the March 6-10 trading week. Led by massive declines on the West and East coasts, NGI’s Weekly Spot Gas National Avg. dropped 52.0 cents to $3.015/MMBtu for the March 6-10 trading period.

Natural gas futures didn’t fare any better, in fact, only worse. Only one short week from touching $3.00/MMBtu, the April Nymex gas futures contract closed out the week at $2.430.

With temperatures soaring into the 80s in Texas and the only chilly weather in the western and northern states, gas demand was moderate at best.

Price action reflected the decline in significant heating loads across the country, with the biggest losses for the week occurring out West.

In the Rockies, Northwest Sumas cash...