US natural gas prices mixed week-over-week amid varying demand

Northeast Cash gas prices in the Northeast region remained elevated, as cold temperatures boosted gas demand, while production ticked lower. Algonquin city-gates averaged $27.785/MMBtu in the two weeks ended Feb. 11, compared with $15.968/MMBtu in the same period a year ago, while TETCO-M3 and Transco, Zone 5 South rose $16.247 and $18.86, respectively, to $19.679/MMBtu and $22.241/MMBtu. In theNortheast Cash gas prices in the Northeast region remained elevated, as cold temperatures boosted gas demand, while production ticked lower. Algonquin city-gates averaged $27.785/MMBtu in the two weeks ended Feb. 11, compared with $15.968/MMBtu in the same period a year ago, while TETCO-M3 and Transco, Zone 5 South rose $16.247 and $18.86, respectively, to $19.679/MMBtu and $22.241/MMBtu. In theRead More