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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]
It is the second most liquid gas trading point in Europe [2] and has a major influence on the price that domestic consumers pay for their gas [citation needed]. Gas at the NBP trades in pence per therm. It is similar in concept to the Henry Hub in the United States but differs in that it is not an actual physical location.
This has led to discussions in Asian oil-linked gas markets to import gas based on the Henry Hub index, [6] which was, until very recently [when?], the most widely used reference for US natural gas prices. [7] Depending on the marketplace, the price of natural gas is often expressed in currency units per volume or currency units per energy content.
S&P Global Commodity Insights predicts prices at Henry Hub, the main futures contracts delivery point, will average more than $4.00 per million metric British thermal units (MMBtu) in 2025 after ...
United States Henry Hub natural gas prices The Title Transfer Facility , more commonly known as TTF , is a virtual trading point for natural gas in the Netherlands. This trading point provides facility for a number of traders in Netherlands to trade futures, physical and exchange trades.
Drivers are in for another headache at the pump as U.S. gas prices continue to rise. The national average for gas prices stood at about $3.78 a gallon on Tuesday — about 25 cents higher than ...
U.S. gas prices are continuing to rise — giving drivers across the country another headache at the pump. The national average for gas prices stood at about $3.82 a gallon on Thursday — about ...
The most commonly quoted producer price for natural gas is the Louisiana-based Henry Hub price, which is futures-traded on NYMEX. A barrel of oil releases about 5.8 million BTU when burned, so that 5.8 MCF of gas (at the standard one thousand BTU per cubic foot) releases about the same energy as a barrel of oil.