29 April 2024
Pricewatch – US gas price disparity underscores lack of pipeline capacity
Publication date: 03 November 2017
Gas Strategies Group
10 Saint Bride Street
London UK
EC4A 4AD
ISSN: 0964-8496
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Henry Hub in the southern US state of Louisiana has become a benchmark for domestic US gas prices thanks in part to its proximity to Gulf Coast LNG projects, but limited pipeline connections nationwide mean that rates on other regional hubs differ drastically.
Henry Hub futures for delivery in December 2018 settled at USD 2.93/MMBtu at the end of the Thursday session, but ...