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West US Gas: Daily Fundamentals Report: Sumas traded up 13 cents yesterday, Malin fell 12 cents, and PG&E CG rose 12 cents. SoCal CG traded up 15 cents, bringing basis to +$0.68/MMBtu. SoCal and Sumas are strengthening on supportive weather, which will moderate through the weekend. * Weather is forecast to be normal fo
Gulf Coast Gas: Daily Fundamentals Report: Agua Dulce rose 2 cents and HSC traded up 1 cent yesterday, bringing the AD-HSC spread to +$0.06/MMBtu. Transco Z4 fell 3 cents and TGP 500 fell 6 cents to below $4/MMBtu outright for the first time since August 27th. * Weather across the Texas Gulf continues to be forecast as
Permian Gas: Daily Fundamentals Report: Waha closed up 14 cents on yesterday but remains below $2/MMBtu for the 9th consecutive trading day. Gulf flows have been volatile recently, likely contributing to the Waha swings. * Midland CDDs are forecast to rise above normal through the 28th and then abruptly fall below norm