
Henry Hub natural gas prices this summer were 6% lower than last summer
The Henry Hub natural gas spot price averaged $2.93 per million British thermal units from June through August, 6% less than the same period last year. Prices were lower this summer despite exceptionally hot weather that increased electricity demand for air conditioning. Natural gas-fired power plants often help meet higher demand during such periods.
Why it matters Automated context
Market moves can have several causes. Compare the time window, volume and liquidity before attributing a price change to this report.
Asset tags and context use headline and excerpt keywords. SynthSignal has not independently verified this report or measured its price impact.
