Weekly natural gas cash prices fell during the week to their lowest levels in years, undercut by the early onset of weak spring-like seasonal demand and continued delays in the restart of Freeport LNG’s third train.

NGI’s Weekly Spot Gas National Avg. for the March 11-15 trading period fell 24.5 cents/MMBtu to $1.225 as some daily prices fell to multi-decade lows. 

On Wednesday, the daily Henry Hub price sank to its lowest level in 25 years while the daily National Avg. fell to its second lowest level ever.

Among the top weekly decliners, SoCal Citygate in California fell 50.0 cents week/week to average $1.770.

All but one hub in West Texas flipped negative for the week amid a supply glut. Waha slid 27.0 cents to average at a negative 23.0 cents.

In the Midwest,