Appalachian Basin gas production edged up to its highest on record Oct. 30, dampening recent cash and forward-market bullishness over the promise of colder weather. Receive daily email alerts, subscriber notes & personalize your experience. Register Now At Dominion South, spot gas prices were down 61 cents from the prior-day settlement to $1.24/MMBtu. At Texas Eastern M2 receipts, the market sank more than 80 cents to trade at just 55 cents/MMBtu, preliminary settlement data from S&P Global Platts showed. Over the past week, near-record production levels have also put pressure on November forwards prices. At Dominion South, the November contract expired Oct. 28 at an eight-month low. Trading as the balmo contract, November gas prices at Dominion have continued […]