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Hydraulic fracturing has reduced the Henry Hub spot price of natural gas considerably since 2008. The increased shale gas production leads to a shift of supply away from the south to the northeast and midwest of the country. A recent study found that, on average, natural gas prices have gone down by more than 30% in counties above shale ...
Monthly average natural gas prices, showing the location of the Henry Hub. The Henry Hub is a distribution hub on the natural gas pipeline system in Erath, Louisiana, owned by Sabine Pipe Line LLC, a subsidiary of EnLink Midstream Partners LP who purchased the asset from Chevron Corporation in 2014. [1]
A natural gas glut in the US has sent prices for the commodity tumbling to multi-decade lows, down 43% over the past year.At West Texas's key trading spot, the Waha Hub, prices have been negative ...
By March 2024, the Henry Hub spot price had decreased to $1.50 per million British thermal units (MMBtu), significantly below the forecasted $3.10/MMBtu, with expectations of prices staying below $2.00/MMBtu until the second half of 2024, averaging $2.20/MMBtu for the year [34]
Prices ease despite cold northeast weather forecast. For premium support please call: 800-290-4726 more ways to reach us
Working gas in storage was 2,095 Bcf. For premium support please call: 800-290-4726 more ways to reach us
Trunkline Pipeline is a natural gas pipeline system which brings gas from the Gulf coast of Texas and Louisiana through Mississippi, Arkansas, Tennessee, and Kentucky to deliver gas in Illinois and Indiana. It connects to the Henry Hub, Egan Hub, and Perryville Hub. The total length of the system is 3,059 miles (4,923 km) and its capacity is 1. ...
Oklahoma oil prices and drilling report for May 31, 2022