Industry metrics
2/1/2017
A. Blume, Editor
In the US, Henry Hub natural gas spot prices took a nosedive in October and November 2016, but then climbed above $3.50/MMBtu through the first three weeks of December as gas consumption skyrocketed 21% on the year in response to colder-than-normal weather. In late December, prices slid again as temperatures increased. Meanwhile, production of ethane/ethylene saw a marked leap of more than 5 MMbbl between September and October as US petrochemical exports continued to expand. GP
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US gas production (Bcfd) and prices ($/Mcf) |
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US natural gas spot prices at Henry Hub |
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US natural gas plant field production of NGL, |
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