How much crude oil per barrel? The price of natural gas went from 5. Natural Gas Futures Prices (NYMEX). Henry Hub is the name of a famous natural gas pipeline that runs through Erath, Louisiana. The Henry Hub Pipeline is connected to four domestic pipelines and nine international ones. Basis Price represent the differential, for each reference perio between the Henry Hub and various locations/hubs.
The Summer and Winter prices are simple averages of Apr-Oct (months) and. To obtain the price per hundred cubic feet or the approximate price per therm, divide the price by ten (10). A general rule of thumb: Add three dollars to the Henry Hub spot price to estimate the residential natural gas price. They also provide efficient transactions in and out of positions.
North American unregulated wellhead prices are closely correlated to those set at Henry Hub.
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