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Appalachian Dominion South gas prices fell as low as $0.735 per MMBtu, the lowest since fall 2017, before partially rebounding. Seasonal demand declines, the Cove Point LNG maintenance outage, pipeline maintenance and EQT production shut-ins were all cited as pressures.
Regional gas oversupply and sub-$1 forward prices lower the energy input costs for Northeast processors. The impact on feed grain prices is minimal.
rbnenergy.comSheetal NastaSep 23, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
