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Market Watch

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October gas futures continued to loll in a mid- to upper $7 range, edging down 3.5¢ Tuesday to $7.717 per million Btu. Bearish production trends and falling power burns seem to be setting a pre-winter floor for now; however, spring and summer 2023 contracts saw larger losses for a second session. The 12-month strip was down 9.1¢ to $6.469; the 2023 strip fell 12¢ to $5.913 (Futures contracts).

Topics:
Gas Demand, Gas Inventories, Gas Supply, Gas Prices, Gas Pipelines
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