Waha averages $3.43 in July, up 50 cents on month NGPL Midcon hub trades at discount to West Texas Northbound Permian flows fall below 200 MMcf/d Rising demand for Permian gas this summer is bidding up cash prices at the Waha hub in West Texas recently, reshuffling the basin’s supply away from historically premium markets in the US Midcontinent. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now In July, spot supply at Waha has traded at average $3.43/MMBtu – up about 50 cents from June and more than double last summer’s H1 July average of just $1.31/MMBtu, S&P Global Platts data shows. The cash-price rally at Waha this month has mirrored momentum in key destination markets for Permian gas, including the Gulf Coast and the Western US, where record exports and intense summer heat have amplified demand for West Texas supply this […]