The onset of the 2017 gas injection season in the United States has put pressure on Henry Hub front-month futures and spot prices. However, the US will need to maintain high gas injection rates over the coming weeks for Henry Hub prices to decline substantially.
Prices at the Henry Hub are high on a monthly and annual basis because US gas stocks are depleted. Storage will remain a concern throughout the injection season – especially during the summer, when air conditioning-related demand in the country usually...
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