Monday, August 24, 2015

Active rigs:

	8/24/2015	08/24/2014	08/24/2013	08/24/2012	08/24/2011
Active Rigs	76	192	183	188	195

RBN Energy: would it make sense to move the market pricing at the Henry Hub to Appalaachia (Utica/Marcellus)? (Archived.)

As natural gas production growth in the U.S. has shifted from the Gulf Coast region to the Northeast’s   Marcellus and Utica shale, some have suggested that time may have passed by Louisiana’s Henry Hub as the national benchmark for all U.S. gas prices, and have questioned whether it can maintain its position as the third largest physical commodity futures contract in the world.   Should Henry be replaced by some pricing point in Appalachia?  Is Henry really in trouble?  In today’s blog, we continue our series looking at what makes Henry Hub tick with a closer look at the implications of changing physical and futures volumes at the hub.

The answer: no.