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To: KarlInOhio; Revolutionary; PGR88; Reno89519; chajin; Yo-Yo; ConservativeInPA
This is an export terminal so there will be more gas remaining in the US for a few months. Prices should go up in Europe because of this.

Right.

I just checked TTF Netherlands LNG futures.

The price jumped from 74.00 per mmBtu in December last week to 83 bucks per mmBtu in December today.

Those Euro kids are screwed.

Henry Hub [domestic] is at 9.25 per mmBtu. A rough calculation for your natgas bill COG [cost of gas] is 10% of the Henry Hub mmBtu price - about 92 cents per therm.

Tack on your ready-to-serve charge and distribution charges.

Our COG per therm last winter was between 30 and 35 cents, for reference. It may be over a buck this winter, thanks to the European dipsticks.

15 posted on 08/23/2022 12:33:51 PM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: kiryandil

Gonna be a cold, expensive winter for Hans Christian Andersen.


17 posted on 08/23/2022 12:40:24 PM PDT by crusty old prospector
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To: kiryandil

Maybe Greta can share tips on keeping warm without fossil fuels.


19 posted on 08/23/2022 12:50:54 PM PDT by Reno89519 (FJB. Respect America, Embrace America, Buy American, Hire American.)
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