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Energize with AEP Energy

October 8, 2024

Monday, October 7 – Natural gas continued its downward trend from Friday, pulling power prices down with it. November gas futures fell by 10.8 cents to $2.746, and November peak AD Hub prices dropped 85 cents to $42.90.

Friday, October 4 – Even though natural gas was on the decline, power prices held strong across the curve thanks to robust real-time liquidation. However, by the end of the day, power prices took a hit across the board as November gas futures plummeted by 4%.