By LNG World News Sabine Pass cargo loading (Image: Cheniere)Natural gas spot prices in the U.S. increased in most locations in the week ending March 15 on the back of colder weather.
The Henry Hub price rose 31¢ from $2.69/MMBtu last Wednesday to $3/MMBtu two days ago, according to the weekly report by the Energy Information Administration issued on Thursday.
At the Chicago Citygate, prices increased 13¢ from $2.80/MMBtu last Wednesday to $2.93/MMBtu two days ago.
“Prices in California were flatter than in areas of the country affected by unseasonably cold temperatures and a late-winter snowstorm,” EIA said.
U.S. consumption of natural gas rose by 15% compared with
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