Henry Hub prices have no affect on Australian prices as far as I am aware. Been a constant complaint of Australian producers that our gas prices are up to one third lower than those in the states so margins for producers here are small. Only Australian beneficiaries of higher US gas prices are thos companies that operate there eg. PSA, NVS, AMU and FAR at the smaller end. PSA stand to gain most as it is the biggest aussie producer among the smalls. It operates in the GOM. Cheers. JBC
GAS Price at posting:
0.0¢ Sentiment: None Disclosure: Held
