Highlights Winter 2022-2023 trades at over $6.50/MMBtu Cold weather to linger in the West, Midcontinent US storage deficit forecast to widen to 276 Bcf Benchmark US gas futures prices rocketed past $6/MMBtu in April 5 trading for the first time since late January as lingering cold weather and persistent supply concerns fueled an aging rally on the NYMEX. Receive daily email alerts, subscriber notes & personalize your experience. Register Now At mid-session high, the prompt-month Henry Hub contract was up nearly 50 cents to around $6.20/MMBtu with a 10-15 cent contango extending out to August. For the winter 2022-2023 futures, prices traded as high as the $6.50s to mid-$6.60s/MMBtu, data from CME group showed. In the cash markets, prices were up about 30-40 cents across the board with the largest gains registering across the Rocky Mountains and the West, where heating demand could remain elevated over the next week […]