U.S. Nat Gas prices nearing $2.50/MCF, rising with oil prices
Winter gas futures holding > $3.00/MCF, near-month futures spread increasing
Appalachian prices still constrained but still creeping up
LNG liquifaction and exports slowly ramping up.
Summer cooling demand predicted to be higher than in the past due to more gas on the grid.
Storage fill somewhat less robust than expected.
Production expected to remain flat or drop slightly.
Winter heating demand predicted to be higher than in the past due to more gas on the grid and due to colder non-El Nino winter.
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