Henry Hub cash prices were down sharply Aug. 31 as offshore and Gulf Coast gas production previously shuttered by Hurricane Laura continued to come back online, pressuring the regional supply-demand balance. Receive daily email alerts, subscriber notes & personalize your experience. Register Now In intraday trading, the benchmark price tumbled over 20 cents to $2.25/MMBtu. On Aug. 24, as Laura, a massive Category 4 storm, ravaged the Louisiana Gulf Coast, a precipitous drop in offshore gas production lifted prices to their highest in nine months at $2.52/MMBtu, S&P Global Platts data shows. The recent downturn, which started Aug. 28, reverses a month-long trend of steady price gains that lifted the Henry Hub cash market from its sub-$2 doldrums, […]