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Poolside Market Chat: If Record Heat Hasn’t Moved the Natural Gas Price Needle, What Will?

NGI’s Hub & Flow

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Introduction

Hub & Flow focuses on key fundamentals driving the price of natural gas and LNG in the United States, Canada, and Mexico. Spot gas prices at the US benchmark, Henry Hub, are sitting close to around $2.50 while prices in Texas and throughout the country's midsection in the Midwest are closer to the $2 mark. Two coastal parishes in Louisiana are actually recording their warmest June on record for this year. The Mid-Atlantic and Northeast are experiencing a cooler than average summer but most of California is also experiencing a warmer than usual summer.

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