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Autumn forwards at Appalachia's Dominion South hub hit record lows, with September and October trading near $1.07 and $1.13 per MMBtu on June 25. Production growth, rising storage and limited pipeline capacity weigh on the market.
EQT could restore 1.4 Bcf/d of curtailed output as early as July 1.
Abundant regional gas supply and storage pressure keep North American energy and fertilizer input costs low. Returning output adds downside risk to prices.
spglobal.comJ. Robinson, Eric BrooksJun 26, 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.
