What is the Henry Hub price of natural gas?

USD per MMBtu
Natural Gas (Henry Hub)Commodity

Name	Price	Unit
Natural Gas (Henry Hub)	8.54	USD per MMBtu
Ethanol	2.16	USD per Gallon
Heating Oil	114.39	USD per 100 Liter
Coal	323.00	USD per Ton

Why is Henry Hub so cheap?

Henry Hub is an important market clearing pricing concept because it is based on the actual supply and demand of natural gas as a stand-alone commodity.

Who owns Henry Hub?

Sabine Pipe Line LLC
Henry Hub is owned and operated by Sabine Pipe Line LLC and its affiliates. They are a full-service header system which offers various receipt and delivery capability, hub management services and an extensive interconnection to one of the most important U.S. pipeline structures.

What is spot price and forward price?

In general, a spot rate refers to the current price or bond yield, while a forward rate refers to the price or yield for the same product or instrument at some point in the future. In commodities futures markets, a spot rate is the price for a commodity being traded immediately, or “on the spot”.

What is future price and spot price?

The spot price of a commodity is the current cash cost of it for immediate purchase and delivery. The futures price locks in the cost of the commodity that will be delivered at some point other than the present—usually, some months hence.

Which is better liquid propane or natural gas?

Energy efficiency Since propane delivers more BTUs (per gallon or per cubic foot) and burns less volume per hour than natural gas by a factor of two-to-one, it is an energy-efficient alternative to natural gas for many applications.

Is it worth switching from propane to natural gas?

The costs of converting from propane to natural gas can really add up. With the price of natural gas at least one-third less than the price of propane, over time the switch may be worth the investment. Most natural gas companies have calculators on their websites to help customers estimate costs and savings.