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Texas

Natural-Gas Energy Prices Turn Negative in Texas Despite Heatwave

Traders told Reuters that the negative prices are due to planned pipeline maintenance from Kinder Morgan.

By: Business Insider
  • Jun 26 2024
  • 46
  • 3994 Views
Natural-Gas Energy Prices Turn Negative in Texas Despite Heatwave
Natural-Gas Energy Prices Turn
Natural-gas prices in Texas have dropped into negative territory. This isn't common when energy demand is high during summer heatwaves. But pipeline maintenance in the state boosted supply, creating a price slump. Sign up to get the inside scoop on t... [2008 chars]

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