October Natural Gas Futures Surge as Bulls Take Control

By Chris Newman

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Published in: Daily Gas Price Index Filed under:

Prompt month natural gas futures rose for a second day on Friday, supported by tight market balances and another storm threat to offshore gas supply possibly arriving next week.

Chart showing key Appalachian Basin natural gas price hubs and their forward prices.

At A Glance:

  • Production near 100 Bcf/d
  • West Texas prices down sharply
  • Gulf Coast storm threat remains

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Chris Newman

Chris Newman joined NGI in October 2023. He worked 18 years at Argus Media, starting in 2004 in Washington, D.C., where he covered U.S. thermal/coking coal markets and rail transportation. In 2014, he moved to Singapore to help lead Argus’ coverage of steel and its raw material feedstocks. A graduate of the University of Virginia, Chris returned to his native Virginia in 2021.