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Natural gas prices fell in Texas in the United States

 Last Update: 2022-11-26
 Source: Internet
 Author: User

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2019 gas prices

1 2 propanediol

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According to Reuters, natural gas prices in the Permian Basin in western Texas have fallen sharply this year, and its annual average price is entering its lowest level in 19 years
.
Crude oil shipments have also been hampered
by production and pipeline restrictions.

So far in 2018, the average price of natural gas in central Waha in the Permian is $2.
31/mmbtu, close to $2.
19 in 1999 and the lowest level
in nearly 20 years.
On Thursday, the price of gas in Waha was $2.
15/mmBtu
.

Since the beginning of the year, the price of natural gas in Waha has been 64 cents/mmBtu below the US national benchmark price (Henry Hub), more than double the spread last year and the biggest discount for Waha since 2008, when the average price in Waha was $1.
24/mmBtu
lower than that of Henry Hub.

natural gas

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