 Drawdown of 7-10 Bcf expected in week ended July 8 Southeast summer gas demand up 5.3 Bcf/d vs. 2021 Locations east of Henry Hub trade at $5-$6 premiums The US South Central storage region could see an early start to mid-summer withdrawals this month as strong power burns and record price premiums east of Henry Hub keep spot gas supply in high demand. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now For the week ending July 8, Platts Analytics is projecting a net withdrawal from South Central gas storage in the range of 7-10 Bcf, potentially reducing inventory levels there to as low as 880 Bcf. A drawdown at the higher end of that range would expand the region’s storage deficit to nearly 150 Bcf below average, or it widest since early April, data from the US Energy Information Administration shows. The […]