Search results with tag "Henry hub"
FOURTH QUARTER 2021 RESULTS
corporate.exxonmobil.com10-year average; Henry Hub to $3 per mmbtu −$1/bbl change in oil price = ~$475 million cash earnings •Business improvements further reduce 2022—2027 average breakeven to ~$35/bbl −Portfolio upgrading driven by higher mix of low cost-of-supply barrels and higher-value Fuel and Chemical products −Cost reductions contribute $5/bbl ...
Short-Term Energy Outlook - Energy Information …
www.eia.govthe Henry Hub price in the United States and spot prices in Europe and Asia. In particular, inventories in Europe remain much lower than their five-year averages and are contributing to strong demand for LNG imports. We expect high levels of U.S. LNG exports to continue into 2022, averaging 11.3 Bcf/d for the year, a 16% increase from 2021.
Winter Fuels Outlook
www.eia.govWe forecast natural gas spot prices at the U.S. benchmark Henry Hub to average $5.67/MMBtu this winter, an 86% increase from last winter. A combination of flat U.S. natural gas production and record-high levels of liquefied natural gas (LNG) exports have resulted in below-average storage levels and upward pressure on prices.