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S&P Global

by | Jul 23, 2021 | In the Press

July 23, 2021 – Henry Hub gas tops $4 as hot weather fuels concern over supply constraints, storage

“David Thompson, Executive Vice President at brokerage PowerHouse, pointed to strong international gas prices as part of the higher LNG demand picture, particularly in Asia.

‘We have this combination [in timing] of us getting our hot weather and people who want LNG getting their hot weather, and they are willing to pay far more of the cost of shipping to get the gas,’ Thompson said.”

The full article can be accessed here.