Natural gas prices at the Waha hub in West Texas are negative again this week, for the first time since plunging to an all-time low of minus $4.28 per million British thermal units (MMBtu) in early April, according to data compiled by Reuters . On Wednesday, next-day natural gas prices at the Waha hub in the Permian dipped to below zero—to minus $0.40 per MMBtu, for the first negative reading since early April. According to Reuters estimates, Waha natural gas prices averaged just $0.92 per MMBtu so far in 2019, compared to $2.10 in 2018 and a five-year average of $2.80 between 2014 and 2018. In early April, prices at the Waha hub plummeted to record low negative levels , as pipeline constraints and problems at compressor stations at one pipeline stranded gas produced in the Permian. Gas production in the Permian has been rising in lockstep with crude […]