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Appalachia’s Autumn 2022 natural gas basis discounts deepen as capacity concerns mount

September 1, 2022 Comments Off

Dwindling available pipeline capacity from the Appalachian Basin has forwards gas traders wary over the upcoming lower-demand shoulder season when basis prices could fall to their steepest discount in five years or more. For the 2022 autumn season, forward gas prices at the region’s benchmark hub, Eastern Gas South, are trading well below the location’s cash-basis averages over the past…