Texas natural gas prices drift lower, despite permian basin production freeze-offs.
Forecasts calling for warmer weather and weaker gas demand across Texas appear to be easing concern in the spot gas markets over a potential supply crunch resulting from a recent drop in Permian Basin gas production caused, most likely, by wellhead freeze-offs from Jan. 19 to Jan. 21.
On Jan. 21, spot gas prices across the Lone Star State were down from prior-day settlements. At the West Texas Waha Hub, cash prices...
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