MARKETS

US gas prices at four-year high

US  gas prices have surged unexpectedly, according to the US Energy Information Administration, with Henry Hub prices at a four-year high, though the spot market costs have not been passed on to consumers despite higher domestic demand coupled with low inventories driving the rise.  

 Demand spike and inventory low push Henry Hub to unexpected highs 

Demand spike and inventory low push Henry Hub to unexpected highs 

As a result there has been little political mileage from the rise, with US President Donald Trump still fixated on the oil price and the OPEC meetings in Vienna last  week that agreed to a 1.2 million...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

editions

ENB Social Licence Report 2021

In its second year, this research now includes trends and new findings surrounding impacts and responses as the energy industry seeks to secure and maintain a social licence to operate.