February 26, 2025 18:53 GMT
Texas Natgas Prices Fall on Day
US NATGAS
The Waha gas hub in Texas is down 96.5 cents/MMBtu for today’s delivery, while Agua Dulce is down 7 cents/Mmbtu. Forecasts for warmer temperatures across the region are likely adding pressure by cutting demand. Meanwhile, supply remains robust.
- US Gulf end user demand is currently at 14.04bcf/d, down by around 0.69bcf/d. Demand is 4.2bcf/d below the 30-day average.
- Exports to Mexico from the US Gulf are weaker today at 5.72bcf/d. This compares to 5.88 bcf/d yesterday and the 30-day average of 5.73 bcf/d.
- Net gas outflows from Texas to other states outside the US Gulf are 4.79bcf/d, up by around 0.13bcf/d. Outflows are 4.59bcf/d above the 30-day average.
- Production from the Permian Basin is currently 20.5bcf/d, up around up around 1.6% on the day. This compares to a 30-day average of 20.13 bcf/d.
- Overall dry gas production in Texas is around 30.1bcf/d, up around up around 0.15bcf/d on the day.
- All flow numbers are from Bloomberg and are updated during the day. Current figures are as of the time of publishing.
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