Americas: Price trends
Forward and futures markets
Forecasts for cold weather will support the Henry Hub front-month futures price during the winter.
The impact of rising gas demand and a lack of growth in production are already evident in the gas storage situation in the US South Central Region (SCR), which is home to the Henry Hub pricing point. The SCR had 34.53 bcm of gas in storage for the week ending 8 December, which was down by 7.6% on an annual basis. The region’s low gas stocks also reflect the rise in gas and LNG exports from the US.