US Industry Metrics

A. Blume, Managing Editor

According to the US Energy Information Administration, in the US, Henry Hub prices leveled out from a sharp drop in February, with steady to slightly lower prices seen between April and July. In line with this trend, spot prices for NGL dipped slightly through July. However, prices for propane, butane and isobutane picked back up through the middle of August, while ethane costs remained steady. Production of NGL, LPG, ethane/ethylene and propane/propylene continued to increase through June, with a marked rebound in propane/propylene output. In June, total US NGL production jumped above 3,000 Mbpd for the first time on record. GP

 

US gas production (Bcfd) and prices ($/Mcf)

 

US natural gas spot prices at Henry Hub and NGL spot prices at Mont Belvieu, $/MMBtu

 

US natural gas plant field production of NGL, LPG, ethane/ethylene and propane/propylene, Mbpd