Highlights Waha dips 20 cents, East Texas hubs down over 40 cents Texas gas production down 1 Bcf/d from Jan. 20 to 21 Statewide demand to drop 2 to 3 Bcf/d over next week Forecasts calling for warmer weather and weaker gas demand across Texas appear to be easing concern in the spot gas markets over a potential supply crunch resulting from a recent drop in Permian Basin gas production caused, most likely, by wellhead freeze-offs from Jan. 19 to Jan. 21. Receive daily email alerts, subscriber notes & personalize your experience. Register Now On Jan. 21, spot gas prices across the Lone Star State were down from prior-day settlements. At the West Texas Waha Hub, cash prices dropped more than 20 cents on the day to around $3.64/MMBtu. In East Texas, prices at Houston Ship Channel and Katy Hub were down about 40 to 45 cents to the […]