Americas Price trends
April 2018
The Henry Hub front-month futures price will receive support if summer in the US is hot.
The front-month price is under pressure because speculators are anticipating that US gas production will rise sharply. However, GGA expects only a modest increase in US gas output in 2018 because much of the rise in the country’s shale production will be balanced by declines in conventional output. Meanwhile, the prospect of a hot summer together with an increase in gas and LNG exports will slow the...