The March bidweek national average natural gas price fell 61 cents to $1.60/MMBtu as the market expected the winter season to end with continuing mild demand. The March bidweek price at the benchmark Henry Hub declined 49 cents to average $1.70/MMBtu, according to Inside FERC’s Gas Market Report on Tuesday. That came as the NYMEX March gas futures contract settled at $1.711/MMBtu, down 47.8 cents from the February contract’s close of $2.189/MMBtu. In New England, Algonquin Gas Transmission city-gates dropped $1.69, or about 36%, to $2.97/MMBtu. Article continues below… Published every Monday, Inside FERC is the authoritative guide to gas pipeline regulation and the agency’s role in reshaping the electric utility industry. Inside FERC has covered the Federal Energy Regulatory Commission for more than 25 years, and our veteran editors and reporters offer a depth of experience and perspective unmatched in the industry. Transcontinental Gas Pipe Line Zone 6 […]