Heat Wave Drives Up Natural Gas Prices in Western US
Natural gas prices have split in two, with record heat lifting cash prices in the West but sliding them in Appalachia.
According to Entropic Analytics' Product Suite, pipeline flow data and bidweek product suite are showing mixed results.
The West is seeing record-high temperatures, leading to increased demand for natural gas. However, this has driven up prices in the region.
In contrast, Appalachia is experiencing a decrease in prices due to a surplus of natural gas in the area.