Vanishing US Gas Price Differentials

摘要

Falling prices are not the only trend characterizing the US gas market of late (WGI Jul.29,p6). Notoriously wide gaps in price between different US regions have also started to disappear, with prices rarely escaping the $3-$4 per million Btu window last week anywhere in the country — bad news for LNG exporters hoping to capitalize on traditional Northeast regional premiums.