Highlights January 2022 forward basis at HSC, Katy down 50 cents Whistler adds to West, East Texas market connectivity Permian output nearing prior record high in December Winter forward basis at East Texas natural gas hubs is down sharply since the start of November as rising Permian Basin gas production promises to keep the Texas Gulf Coast market well supplied. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Over the past month, January 2022 forwards prices at Houston Ship Channel and Katy hub have fallen from a more-than-70 cents premium to Henry Hub to just 20 cents premium as of Dec. 2. Prices for the December 2021 and February 2022 contracts have followed a similar trajectory at both locations. The rise and fall of winter basis prices in the East Texas gas market has closely tracked the surge and subsequent decline in forward basis prices […]