Highlights November contract tops $6, settling to $5.77/MMBtu Weather fuels bullish 14-day outlook for power burn Offshore production still recovering from Hurricane Ida NYMEX Henry Hub prompt-month futures surged briefly to over $6 in Oct. 4 trading as US gas production stumbles below 90 Bcf/d with storage inventories still trailing typical pre-winter levels. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The November contract ended trading at $5.77/MMBtu, up about 15 cents on the day, and just 10 cents shy of a recent seven-year high settlement for the prompt-month contract. Gains on the December, January and February contracts were of only slightly smaller magnitude with the peak-winter months all settling in the $5.80 to $5.90 range, data from S&P Global Platts showed. The precipitous surge in NYMEX futures accompanied gains in the cash market where prices were up about 30 cents Oct. 4 to trade […]