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United States Natural Gas Message Board

  • repeat_the_future repeat_the_future Feb 11, 2013 1:23 PM Flag

    some near term support for prices; SONAT unplanned pipeline maintenance

     

    "Henry Hub Cash Price Will Strengthen; Unscheduled Maintenance on SONAT

    Southeast demand, and cash prices are projected to strengthen slowly throughout the week. Demand should average about 16.5 Bcf/d this week, which is heavily weighted to temperatures that are forecast to be nearly 10 degrees below normal by the end of this week. This should provide uplift to Henry Hub cash price, which fell from $3.41 on gas day Feb. 7, last week's high, to $3.26 on Feb. 8. The Midcon and Northeast both look to have strong demand this week as well, providing further uplift to cash prices."
    --source: bentek

    This topic is deleted.
 
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