Friday cash gas for weekend and Monday delivery climbed sharply across the Northeast, with New England and Mid-Atlantic hubs diverging from weaker pricing in producing regions and much of the Lower 48.
Regional power demand drove the rally, giving Northeast markets support even as the broader physical market faced softer conditions.
Comfortable national supply fundamentals kept pressure on cash prices elsewhere, limiting the strength of the move to demand-sensitive Northeast markets.
The split underscores a market still shaped more by localized weather and power burns than by any broader tightening in U.S. gas supply.