US West spot gas prices soar ahead of major cold weather event

摘要

1. Cash prices for Feb. 6-8 gas flows in the US West saw double-digitupward movement across the board in Feb. 5 trading, as subzerotemperatures hit the Upper Midwest and Canada and tightens thenational supply-demand balance.2. Northwest, Canadian border (Sumas) settled 58.50 cents higher at$3.35/MMBtu, narrowing its spread to cash Henry Hub to a 4-centdiscount.