Southeast Natural Gas Prices Set Stage for Record-Breaking October Bidweek
The natural gas market is setting the stage for October bidweek, with Southeast premiums in focus after September's record price strength.
The region's spot prices outran the bidweek, while the Southern Natural bidweek-spot gap hit a record. The forward curve points higher for October, indicating rising expectations.
The Southeast natural gas market has been a hot topic in recent weeks, with many predicting a continued strong performance in October. However, some experts caution that fading heat may put pressure on prices to decline.