US SCR storage drawdowns support Henry Hub

Persistently high gas drawdown rates in the South Central Region of the US will support Henry Hub prices in the coming weeks Persistently high gas drawdown rates in the South Central Region of the US will support Henry Hub prices in the coming weeks.
By Abhishek Kumar 25 January 2017 0 24452

High gas withdrawals from the South Central Region (SCR) of the United States have boosted prices at the Henry Hub so far during the 2016-2017 gas withdrawal season. The situation is expected to persist in February, when average temperatures across the US are expected to be colder than during the same month last year.

The US entered the current withdrawal season with a gas glut that was even more severe than at the start of the previous withdrawal season. Meanwhile, the weather has been milder during...

Log in or register for a free trial to continue reading this article

Already a subscriber?

If you already have a subscription, sign in to continue reading this article.

Sign in

Not a subscriber?

To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.

Sign up