Scheduled natural gas deliveries to U.S. households slipped for a fourth day on forecasts of moderating weather that may reduce demand for the heating fuel. Shipments to the Northeast dropped for a second day.
A sample of scheduled deliveries to homes in the U.S. and Canada shows shipments fell 0.8 percent to 35.6 million dekatherms (34.6 billion cubic feet), according to data compiled by Bloomberg as of 3:30 p.m. in New York.
Residences in the Northeast were to receive 5.55 million dekatherms of gas, down 1.7 percent from yesterday, Bloomberg data show.
Scheduled shipments for U.S. power plants dropped 6 percent to 11.8 million dekatherms.
The low temperature in Boston early today was 28 degrees Fahrenheit (minus 2 Celsius), 7 below normal, according to Weather Underground in Ann Arbor, Michigan. The overnight low may be 29 degrees Fahrenheit, 6 below normal.
Wholesale gas delivered at the Algonquin City Gate hub, which is the pricing point for Boston, fell 29.54 cents, or 5.1 percent, to $5.4666 per million British thermal units on the Intercontinental Exchange.
Gas at the Henry Hub in Erath, Louisiana, the delivery point for futures traded on the New York Mercantile Exchange, gained 21.33 cents, or 5.2 percent, to $4.345 per million Btu.
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