- Natural gas futures gave up ground last week, retreating from recent highs as elevated volatility continued
- Storage inventories declined by 62 Bcf during the first week of March in what was likely the last substantial withdrawal of the winter season
- Spot natural gas and power prices were mostly steady compared to the previous week and remain elevated compared to the same point a year prior
- Natural gas production was virtually unchanged on the week, keeping the market propped up with concerns about the timing and pace of further growth
