Henry Hub rallies on tighter GOM balances in wake of storm Helene

Monday, 30 September 2024

November gas future contract at Henry Hub soared to $2.932/MMBtu after hurricane Helene made landfall with a windspeed of 140mph in Florida’s Big Bend region. Though LNG infrastructure was not impacted, offshore gas production in the US Gulf of Mexico (GOM) fell by nearly 10 bcf as developers took precautions.


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Last modified on Monday, 30 September 2024 07:25
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