Oil & Gas Pro

Record Heat Fails to Spark Henry Hub Rally as Renewables, Hefty Supply Crimp Upside

Record Heat Fails to Spark Henry Hub Rally as Renewables, Hefty Supply Crimp Upside

By Christopher Lenton  https://naturalgasintel.com

Despite sweltering summer temperatures across large swaths of the United States, Henry Hub natural gas futures continue to struggle for upward momentum.

  • Solar, wind blunt cooling demand
  • Storage builds defy extreme heat
  • Production holds above 110 Bcf/d

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