Southern Heat Collides with Western Pullback: Natural Gas Prices Diverge

Physical natural gas prices have diverged in recent days due to the collision of southern heat and western pullback.

The NGI Bidweek Product Suite has been monitoring this phenomenon, which is causing price discrepancies across different regions.

As the heat wave intensifies in the south, demand for natural gas is skyrocketing, leading to higher prices. In contrast, the western region is experiencing a pullback in demand, resulting in lower prices.