Eastern US Natural Gas Prices Diverge Heading into Year-End

Natural gas forward prices in the eastern United States are showing significant divergence heading into the end of the year. While Appalachian supply hubs are experiencing declines, constrained Southeast markets are commanding their strongest premiums.

The October basis for natural gas in Appalachia has been sinking, while Southeastern regions have seen their premiums top the forward curve. The Henry Hub is firming up as storage views shift.