US East Texas and Southeast spot volatile as ERCOT continues winter prep

摘要

1. US East Texas and Southeast spot plunged on Dec. 14 amid rising temperatures and Texas power-grid reforms. 2. Henry Hub spot posted a 31.5-cent loss on the day to trade at $3.645/MMBtu, reversing a 29-cent gain from the previous trading session. Cash price at Houston Ship Channel, an indicator for Houston demand, also fell 37 cents to $3.430/MMBtu for next-day flows.