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$18 Gas in Boston, $5 Gas Everywhere Else. Any Guesses Why?
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Marcellus Drilling News
Want to know what the smartest money in the natural gas business expects to happen in the Northeast this winter?
As of the first of August, traders were pricing December-through-February gas at Algonquin Citygate (the Boston benchmark), Iroquois Zone 2 in New York, and three Tennessee Gas Zone 6 points in New England above $18 per MMBtu.
At the other 77 pricing hubs Natural Gas Intelligence tracks across the U.S. and Canada, that same three-month strip averages under $5.
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