Southeast, East Texas spot gas prices rise amid strong LNG feedgas demand

摘要

Cash prices for Thursday flows of natural gas in the Southeast and East Texas strengthened in a second consecutive day of higher trading as month-to-date Gulf Coast LNG feedgas demand averaged over 6 Bcf/d. Spot gas prices in the Southeast region moved up on Wednesday, with the sole exception of Columbia Gulf, Louisiana, which settled just 1 cent lower at $2.14/MMBtu. Cash Henry Hub settled 7.50 cents higher at $2.275/MMBtu, recovering further from reaching a two-month low of $2.04/MMBtu in Friday’s settlement. The location has moved in a 50.50-cent range over the past 30 days of $2.04-$2.545/MMBtu.