Natural Gas at Waha Hub Trades Negative for Over 75 Days
Natural gas prices at the Waha hub in West Texas have remained below zero for more than 75 consecutive business days. The situation raises questions about whether other commodities have shown similar patterns at major pricing points.
prnewswire.comNatural gas at the Waha hub in West Texas has traded at negative prices for more than 75 consecutive business days. The pattern has continued without interruption during the recent period. No other commodity has been reported to maintain consistent sub-zero pricing at a significant hub for a comparable length of time.
Market participants continue to monitor conditions at the hub as the streak extends.
Key Facts
Potential Impact
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Producers may face continued pressure on margins while prices stay negative.
Transparency Panel
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