Save for later Print Download Share LinkedIn Twitter October Gas future continued to retreat Monday, falling 12¢ to $4.985 per million Btu. October has been trading north of $5/MMBtu since Sep. 13. when a three-session 52.2¢ rally took off followed by a three-session 47.5¢ fall. Bullishness waned a bit Monday as late summer cooling loads begin to decline, while more gas production returns to the Gulf of Mexico. The US Bureau of Safety and Environment reported that 598 MMcf/d of Gulf gas output remained shut, 167 MMcf/d less than reported Friday. The 12-month strip fell 7.5¢ to $4.327; the 2022 calendar strip slipped a hair under $4, falling 5.3¢ to $3.999 (Futures contracts).