Northeast natural gas prices climbed in demand markets, as warming temperatures increased cooling demand. Boston’s Algonquin Citygate prices increased $0.35 (17%) to $2.44/MMBtu last Wednesday. Transco Zone 6 NYC prices rose $0.40 (20%) from $1.98/MMBtu to $2.38/MMBtu.

Total US consumption of natural gas decreased 1%. Consumption for power generation was up 1% week/week, industrial sector consumption decreased 5%, residential-commercial consumption decreased 4%, and exports to Mexico increased 1%.

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