Henry Hub on rise, US energy independence in focus Feb 10, 2020 Henry Hub on rise, US energy independence in focus By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Natural Gas: The Bust Within the Boom Surge in US exports since 2017 narrows price gaps with Europe, Asia Henry Hub gaining traction as global benchmark for natural gas prices Natural gas storage levels at five-year high as price slips to near four-year low Rig counts plummeting due to dwindling capital expenditure Read article Can US Energy Independence Last? Surge in US oil output since 1994 not replicated in other countries Capex in US shale oil sector is dwindling, rig counts are falling Will lack of new investment jeopardize US energy independence? US shale revolution has been key to reduced risk premium in oil market Watch video SEE MORE ANNOUNCEMENTS
