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Gas supply is scarce in the United States – 04/12/22 – News

Frankfurt (GodmodeTrader.de) – US gas prices are higher and higher: at $ 6.8 per mmBtu, the next monthly contract (Henry Hub) is 75 percent higher than the February low or higher than in 2008. Commerzbank analyst Barbara Lambrecht present “TagesIn Rohstoffe “writes in the magazine.

After all, the storage situation in the USA continues to deteriorate: inventory is now 17 percent lower than usual. More LNG exports would have played their part. Their share in production is now said to be eleven per cent.

“Currently, however, the possibility of unusually low temperatures in the spring also raises prices,” says Lambrecht.

Henry Hub Natural Gas

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