November Nymex natural gas (NGX24) on Tuesday closed down by -0.027 (-0.92%).
Nov nat-gas prices Tuesday posted moderate losses on signs of larger US gas supplies. The Matterhorn Express Pipeline began operations in Texas with a design capacity of 2.5 bcf per day. The pipeline will move nat-gas over 580 miles from the Waha hub in West Texas to the Houston area, increasing domestic supplies and boosting gas supplies to gas export plants on the Gulf Coast.
