Weekly natural gas cash prices limped lower as near-term forecasts pointed to mostly benign weather and production estimates reached the highest on record.

NGI’s Weekly Spot Gas National Avg. for the Oct. 16-20 period declined 12.0 cents to $2.190.

As the trading week closed, cash hubs across much of the country were in the red. Northwest Wyoming Pool fell 35.5 cents to $1.900, while Florida Gas Zone 3 shed 56.0 cents to $2.830, and Henry Hub lost 36.0 cents to $2.850.

Meanwhile, the November Nymex contract struggled throughout the week, held in check by stout levels of natural gas in storage and lofty production volumes. The front month settled at $2.899/MMBtu to close the trading week on Friday, down 5.8 cents on the day and down 10% from the prior week’s finish. The...