East Texas, Southeast cash gas rises amid increased demand, warmer forecast

摘要

1. US East Texas and Southeast natural gas prices increased in May 25 trading, as total demand rose day on day across the region, and Texas temperatures were forecast above average for the rest of May. 2. The Henry Hub cash price rose by 6 cents on the day to $2.835/ MMBtu, while Houston Ship Channel increased 1 cent to $2.91/ MMBtu for next-day flow. 3. The average temperatures in Texas are forecast to heat up 10 Fahrenheit to around 80 F by the end of May, placing upside to Texas power demand this week.