US Industry Metrics

A. BLUME, Managing Editor

In the US, Henry Hub natural gas spot prices slid toward $2.50/MMBtu in October, according to US EIA data, after hovering in the range of $2.75/MMBtu–$3/MMBtu through much of the summer. However, spot prices for NGL were on an upswing in October, approaching highs last seen in February. Ethane’s price increase was more moderate than those for other NGL. Meanwhile, US production of NGL, LPG, ethane and propane decreased slightly in August from July, but levels are overall higher on the year. GP