SEATTLE (Oil Monster): The latest weekly data released by the U.S. Energy Information Administration (EIA) suggests decline in Henry Hub natural gas spot price during the previous week ended May 21, 2025.
According to the weekly report, the Henry Hub spot price fell 11 cents from $3.30 per million British thermal units (MMBtu) last Wednesday to $3.19/MMBtu yesterday. The price of the June 2025 NYMEX contract declined 12 cents, from $3.492/MMBtu to $3.368/MMBtu over the weekly period.
The natural gas spot prices fell at most locations. The price variations ranged from a 52 cent decrease at the Waha Hub to a 37 cent increase at Cheyenne Hub. In the Southeast, the FGT Citygate prices increased 22 cents this report week, from $3.70/MMBtu to $3.92/MMBtu, the report said.
The average total supply of natural gas rose by 1.2% (1.4 Bcf/d) compared with the previous report week. Also, total U.S. consumption of natural gas rose by 5.7% (3.7 Bcf/d) compared with the previous report week.
The average natural gas deliveries to U.S. LNG export terminals decreased 0.2 Bcf/d to 15.6 Bcf/d week-on-week. The deliveries to terminals in South Louisiana decreased 3.2%, while those to terminals in South Texas increased 2.9%. Meanwhile, deliveries to terminals outside the Gulf Coast were essentially flat during the week.