Freeport outage brings more gas to East Texas market, South Central storage
June 11, 2022 Comments Off
Basis prices in the East Texas gas market are down sharply following the recent suspension of feedgas deliveries to Freeport LNG. With the facility expected to remain offline through June, the added supply could boost regional storage levels in a potentially longer-term impact to the East Texas market. In June 10 trading, cash prices at East Texas hubs were up…
Freeport outage brings more gas to East Texas market, South Central storage
Basis prices in the East Texas gas market are down sharply following the recent suspension of feedgas deliveries to Freeport LNG. With the facility expected to remain offline through June, the added supply could boost regional storage levels in a potentially longer-term impact to the East Texas market. In June 10 trading, cash prices at East Texas hubs were up…
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