The spot falls, but the winter curve holds

September 22, 2026

El Paso S. Mainline closed at $2.60 USD/MMBtu on September 21, $0.65 below 30 days ago and$5.36 below the late-August high. September's average ($2.94) is the lowest since July, and thespread to SoCal Avg is essentially zero ($0.00) with a 1.00 correlation.

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