Rising premium at Henry Hub drives more Texas gas eastbound
April 30, 2022 Comments Off
Premium gas prices at the US benchmark Henry Hub are driving more natural gas from Texas eastbound as the Gulf Coast market prices up to meet record LNG exports and a resurgence in industrial demand. Last autumn, as spot gas prices at the Henry Hub tested historic highs at over $5/MMBtu, the cash markets in East Texas appeared to dislocate,…
Rising premium at Henry Hub drives more Texas gas eastbound
Premium gas prices at the US benchmark Henry Hub are driving more natural gas from Texas eastbound as the Gulf Coast market prices up to meet record LNG exports and a resurgence in industrial demand. Last autumn, as spot gas prices at the Henry Hub tested historic highs at over $5/MMBtu, the cash markets in East Texas appeared to dislocate,…
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