As spot gas markets in the Permian Basin struggle to gain a foothold above $1 this month, forwards traders appear confident that winter prices there will likely climb to their highest in years. Receive daily email alerts, subscriber notes & personalize your experience. Register Now October to date, cash prices at Waha have averaged just 29 cents/MMBtu as pipeline maintenance and weaker shoulder-season demand keep downward pressure on the West Texas gas market. In Oct. 16 trading, Waha cash prices were down sharply, tumbling 33 cents into negative territory as the market experimented with lows not seen since April. At mid-session, the West Texas benchmark was trading around minus 25 cents/MMBtu, preliminary settlement data from S&P Global Platts showed. In the […]