Heightened Potential for Demand Erosion Triggers More Natural Gas Forward Losses
Natural gas forward fixed prices tumbled during the April 10-16 period as demand-sapping spring weather collided with shock waves across the broader markets, amid recession fears triggered by tariffs that may cause inflation and unemployment to rise.

Transco Zone 6 non-NY in the Northeast shed 89.9-cent to $3.223/MMBtu, leading the widespread retreat, NGI’s Forward Look data show. Southeast prices succumbed to pressure as Florida Gas Zone 3 slid 69.9 cents to $3.480, while Tenn Zone 4 200L stumbled 60.6 cents to $3.377.
Western Canadian prices tripped lower. NOVA/AECO C, the regional benchmark, at C$1.687 was 6.7 cents down week/week. Neighboring Westcoast Station 2 also slid 6.7 cents to C$1.357.