[04/02 Weekly Update] Northeast Prices Experience Decreases

April 02, 2019

Northeast prices experienced decreases. Boston’s Algonquin Citygate prices declined $0.23 (-7.8%) from $2.96/MMBtu the previous Wednesday to $2.73/MMBtu last Tuesday. Transco Zone 6 NYC prices decreased $0.25 (-9.1%) from $2.75/MMBtu to $2.50/MMBtu.

Total US consumption of natural gas fell by 3%. Consumption for power generation declined by 4%, industrial sector consumption dropped by 2%, residential-commercial consumption dropped by 2%, and exports to Mexico remained the same, averaging 4.6 Bcf/d.

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