Natural Gas Futures, Cash Prices Fly as Potential Hurricane Takes Aim at Supply

By Chris Newman

on
Published in: Daily Gas Price Index Filed under:

Prompt month natural gas futures marched higher Monday as risks to supply from a developing Gulf Coast storm added to pipeline issues and bullish weather revisions in tightening up market balances.

Natural gas futures and cash prices surge amid potential hurricane threat to supply.

At A Glance:

  • Gulf storm risks shift from demand to supply
  • West Texas, Southeast lead cash gains
  • NGI models 50 Bcf injection

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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.