Over the next week, spot gas prices in the US Northeast could test new record lows as a confluence of factors keep downward pressure on demand, just as regional storage inventories approach cavern-top. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now In Oct. 2 trading, cash price in the Northeast market-area and Appalachia took reprieve from prior-day multiyear low settlements, rising as much as 20 cents/MMBtu as regional temperatures dipped into the upper 50s Fahrenheit, driving an uptick in gas-fired heating demand. At the Boston-area Algonquin city-gates hub, spot prices were up 21 cents to $1.03/MMBtu. At Transco Zone 6 New York, the market surged 29 cents to around 79 cents/MMBtu for next-day flows. In the […]

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