Gap between Henry Hub, Marcellus natural gas prices narrows

By BOB DOWNING Published: January 27, 2016

From the U.S. Energy Information Administration today:

graph of daily natural gas spot prices and basis to Henry Hub, as explained in the article text

Source: U.S. Energy Information Administration, based on Natural Gas Intelligence

Natural gas spot prices around the United States are often compared to prices at the Henry Hub in Louisiana. At trading points in and around the Marcellus and Utica shale plays in Pennsylvania, West Virginia, and Ohio, natural gas prices consistently trade below the Henry Hub national benchmark price. However, the difference between these pricing points and the Henry Hub has narrowed in recent months as new pipeline projects have come online.