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The EIA reported that the 2018 average Henry Hub spot price rose to $3.16/MMBtu, up 15 cents from 2017. U.S. gas exports exceeded imports for a second year, and January 2018 saw sharp Northeast price spikes.
A year-end review of rising U.S. production and exports signals a well-supplied gas market, which keeps energy costs for U.S. feed and grain processing manageable.
ajot.comAJOTJan 7, 2019After 40 past neutral report events, Natural Gas moved a median +1.2% over 5 sessions (60% higher; middle half -3.5% to +2.8%), and +4.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
