NYMEX prompt contract settles at $1.88/MMBtu Columbia Gas’ MXP line cuts flows near Leach, Kentucky Appalachian gas production falls 2.2 Bcf on the day NYMEX Henry Hub prompt-month prices surged to a two-month high in July 7 trading after a force majeure on Columbia Gas’ Mountaineer XPress Pipeline cut Appalachian gas production by over 2.2 Bcf/d, amid no announced timeline for a return to service on the impacted segment. Receive daily email alerts, subscriber notes & personalize your experience. Register Now After trading into the low $1.90s, the August contract settled July 7 at $1.88/MMBtu – up more than 20 cents since the start of the month to its highest closing price since early May. In the cash market, Henry Hub gas rose about 4 cents on the day to $1.74/MMBtu, preliminary settlement data from S&P Global Platts showed. In Appalachia, gas production dropped on July 7 by […]