“That is cost per 1000 cubic feet. Delivered to Henry Hub today it is $2.72 per 1000 cubic feet. Do you think the difference is enough for transportation and service?”
1000 cubic feet is about 1 million BTU which is about the same as 8 gallons of gasoline. I’m a buyer of gasoline for 40 cents a gallon. of course that’s a wholesale price and the pipeline costs another 75 cents per gallon equivalent, but God Bless American Energy
Hasn’t it come down by close to 2/3 since its highest point?
The burner tip price is $15 to nearly $20 a thousand.
I was a producer for more than 40 years. Well head price is not my point.
Never wrestle with apig. Everybody gets dirty and the pig loves it.